Pareto improvement

Noun

Meaning

Pareto improvement (plural Pareto improvements)

(game theory, economics) A change in the allocation of a resource to a set of individuals that is an improvement for at least one and no worse for any other.

Pareto-improvement (plural Pareto-improvements)

Alternative spelling of Pareto improvement

Source: en.wiktionary.org

Alternative names

Pareto-improvement

Close letter words and terms

Pareto distribution Pareto efficiency Pareto efficient Pareto optimal pareto optimal solution Pareto optimality