Word info

Pareto

Noun

Meaning

Italian sociologist and economist whose theories influenced the development of fascism in Italy (1848-1923)

Source: WordNet

Phrases with the word

Anagrams

Examples

A society can be Pareto optimal and still perfectly disgusting. Amartya Sen

Just as Hegel is said to have understood his philosophy for the first time when he read its French translation, Vilfredo Pareto could have learned what it was he meant exactly to say when he read Bergson's 1938 classic. Paul Samuelson

The price-tax conditions necessary to sustain the Pareto optimality of a competitive market solution under the assumed convexity conditions are tantamount to standard Pigovian rules, with neither taxes imposed upon, nor compensation paid to, the victims of externalities. William J. Baumol

According to Oxfam (2016) the richest 62 people have as much wealth as the poorest half of the world's population. citation We can estimate the Pareto index that would apply to this situation. Source: Internet

According to this form of Pareto analysis it is recommended that tasks that fall into the first category be assigned a higher priority. Source: Internet

A limitation of Pareto Q-Q plots is that they behave poorly when the tail index (also called Pareto index) is close to 0, because Pareto Q-Q plots are not designed to identify distributions with slowly varying tails. Source: Internet

Close letter words and terms