Home > Terms > Armenian (HY) > Պարետո արդյունավետություն
Պարետո արդյունավետություն
A situation in which nobody can be made better off without making somebody else worse off. Named after Vilfredo Pareto (1843–1923), an Italian economist. If an economy’s resources are being used inefficiently, it ought to be possible to make somebody better off without anybody else becoming worse off. In reality, change often produces losers as well as winners. Pareto efficiency does not help judge whether this sort of change is economically good or bad.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
ձեռքերը կանթած
Դիրք, երբ ձեռքերը կոնքամասում են և արմունկներն էլ դուրս են հակված:
Contributor
Featured blossaries
farooq92
0
Terms
47
Blossaries
3
Followers
Top Universities in Pakistan
Category: Education 2 32 Terms
Browers Terms By Category
- Skin care(179)
- Cosmetic surgery(114)
- Hair style(61)
- Breast implant(58)
- Cosmetic products(5)
Beauty(417) Terms
- Satellites(455)
- Space flight(332)
- Control systems(178)
- Space shuttle(72)
Aerospace(1037) Terms
- Dictionaries(81869)
- Encyclopedias(14625)
- Slang(5701)
- Idioms(2187)
- General language(831)
- Linguistics(739)
Language(108024) Terms
- Hair salons(194)
- Laundry facilities(15)
- Vetinary care(12)
- Death care products(3)
- Gyms(1)
- Portrait photography(1)