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pareto improvement
(redirected from Pareto efficiency)

    Also found in: Wikipedia 0.02 sec.
pareto improvement
any change in economic management that improves the situation of one or more members of the community without worsening the lot of anyone.
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Pareto Efficiency is an economic concept that can be applied to several areas including game theory and the social sciences.
Different Types of Economic Efficiency Measures by Sam Miller / Business community
Pareto efficiency is defined as a situation when no one can be made better off without making someone else worse off.
The Community Reinvestment Act and the economics of regulatory policy by Richardson, Christopher A. / Fordham Urban Law Journal
households and find that preferences exist that are consistent with Pareto efficiency for each household in the data set.
Nonparametric Testable Restrictions of Household Behavior by Snyder, Susan K. / Southern Economic Journal
 
 
 
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