Pareto optimal

Pareto optimal
a) Describing a situation in which the profit of one party cannot be increased without reducing the profit of another.
b) Describing a strategy that cannot be made to perform better against one opposing strategy without performing less well against another.

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  • Pareto-optimal — Pa‧re‧to op‧ti‧mal [pəˌriːtəʊ ˈɒptml ǁ pəˌreɪtoʊ ˈɑːp ] adjective ECONOMICS if available resource S (= things that you need to make or do something) have been given to people in a Pareto optimal way, this is the most effective way of using them …   Financial and business terms

  • Pareto optimal — UK US adjective ECONOMICS, WORKPLACE, PRODUCTION ► using or dividing resources (= time, money, employees, etc.) in a way that results in a situation where nobody is doing worse than before, and at least one person is doing better: »If the… …   Financial and business terms

  • Pareto-optimal — In der Mathematik und im Operations Research bezeichnet man mit Pareto Optimierung (nach Vilfredo Pareto; auch mehrkriterielle Optimierung oder multikriterielle Optimierung) das Lösen eines Optimierungsproblems mit mehreren Zielen, also eines… …   Deutsch Wikipedia

  • Pareto Optimal — ეკონომიკური ვითარება, რომელშიც თუ ერთი ადამიანის ან ჯგუფის ეკონომიკური მდგომარეობა უმჯობესდება მეორის უარესდება. არავის შეუძლია გამდიდრება ვინმე სხვის გაღარიბების გარეშე Source: ჟვანია ნინო. საერთაშორისო პოლიტიკური ეკონომია: სალექციო კურსი სოც.… …   Georgian encyclopedia

  • Pareto-optimal — …   Useful english dictionary

  • Pareto-Optimum — Pareto Optima (rot) einer 2dimensionalen Wertemenge (blau). Ein Pareto Optimum, auch Pareto Effizienz oder Pareto Menge, benannt nach dem Ökonomen und Soziologen Vilfredo Pareto (1848–1923), ist ein Zustand, in dem es nicht möglich ist, ein… …   Deutsch Wikipedia

  • Pareto efficiency — Pareto efficiency, or Pareto optimality, is an important concept in economics with broad applications in game theory, engineering and the social sciences. The term is named after Vilfredo Pareto, an Italian economist who used the concept in his… …   Wikipedia

  • optimal — op‧ti‧mal [ˈɒptml ǁ ˈɑːp ] adjective the best that is possible, or the most suitable; = optimum: • An increased corn crop is expected, based on optimal growing conditions across much of the Corn Belt. • This stock level is considerably higher… …   Financial and business terms

  • Pareto-Superiorität — Pareto Optimum (rot) einer 2dimensionalen Wertemenge (blau). Ein Pareto Optimum, auch Pareto Effizienz oder Pareto Menge, benannt nach dem Ökonom und Soziologen Vilfredo Pareto (1848 1923), ist ein Zustand, in dem es nicht möglich ist, ein… …   Deutsch Wikipedia

  • Pareto-Verbesserung — Pareto Optimum (rot) einer 2dimensionalen Wertemenge (blau). Ein Pareto Optimum, auch Pareto Effizienz oder Pareto Menge, benannt nach dem Ökonom und Soziologen Vilfredo Pareto (1848 1923), ist ein Zustand, in dem es nicht möglich ist, ein… …   Deutsch Wikipedia

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