Pareto efficient
See also: Pareto-efficient
English
Adjective
Pareto efficient (comparative more Pareto efficient, superlative most Pareto efficient)
- (game theory, economics) Describing a situation in which the profit of one party cannot be increased without reducing the profit of another.
Usage notes
This term can also be used to compare situations such that the situation in which fewer such improvements can be made is considered more Pareto efficient.
Synonyms
- Pareto optimal
Derived terms
- Pareto efficiency
See also
- Pareto improvement