• economics and computer science, Fractional Pareto efficiency or Fractional Pareto optimality (fPO) is a variant of Pareto efficiency used in the setting of fair...
    23 KB (3,158 words) - 23:30, 23 May 2025
  • The Pareto front consists of all Pareto-efficient situations. In addition to the context of efficiency in allocation, the concept of Pareto efficiency also...
    37 KB (4,982 words) - 04:28, 6 May 2025
  • Ordinal Pareto efficiency refers to several adaptations of the concept of Pareto-efficiency to settings in which the agents only express ordinal utilities...
    22 KB (3,044 words) - 14:55, 23 May 2025
  • Thumbnail for Pareto distribution
    The Pareto distribution, named after the Italian civil engineer, economist, and sociologist Vilfredo Pareto, is a power-law probability distribution that...
    47 KB (6,041 words) - 12:06, 23 May 2025
  • Thumbnail for Pareto principle
    related to the Pareto efficiency. Mathematically, the 80/20 rule is roughly described by a power law distribution (also known as a Pareto distribution)...
    23 KB (2,723 words) - 05:20, 1 June 2025
  • Multi-objective optimization or Pareto optimization (also known as multi-objective programming, vector optimization, multicriteria optimization, or multiattribute...
    75 KB (9,569 words) - 18:30, 30 May 2025
  • on lotteries). One desired property of a random assignment rule is Pareto efficiency (PE). There are three variants of PE: Ex-post PE means that, after...
    16 KB (2,211 words) - 20:45, 21 February 2024
  • Thumbnail for Random ballot
    dominated. Ex post Pareto-efficiency: the outcome is Pareto-efficient. In fact, with strict preferences, RD satisfies a stronger efficiency property called...
    13 KB (1,704 words) - 11:29, 2 June 2025
  • Thumbnail for Social welfare function
    individualistic sense to derive Pareto efficiency (optimality). Paul Samuelson (2004, p. 26) notes that Bergson's function "could derive Pareto optimality conditions...
    25 KB (3,259 words) - 02:09, 9 March 2025
  • Thumbnail for Fractional approval voting
    utility of i is the total budget allocated to outcomes he likes. Pareto-efficiency (PE) means no mixture gives a higher utility to one agent and at least...
    25 KB (3,299 words) - 20:49, 28 December 2024
  • SE allocation satisfies SD-efficiency - a weak ordinal variant of Pareto-efficiency (it means that the allocation is Pareto-efficient for at least one...
    20 KB (2,902 words) - 12:15, 20 January 2025
  • equals that of Kelvin. Therefore, the 2 individuals society reaches Pareto efficiency, where there is no way to make Jane or Kelvin better off without making...
    22 KB (3,841 words) - 14:48, 24 June 2024
  • Thumbnail for Unrestricted domain
    have a social choice function that satisfies unrestricted domain, Pareto efficiency, independence of irrelevant alternatives, and non-dictatorship. However...
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  • objects among people with different preferences, two major goals are Pareto efficiency and fairness. Since the objects are indivisible, there may not exist...
    38 KB (5,471 words) - 23:29, 28 July 2024
  • Pareto efficiency, which describes a situation or outcome in which nobody can be made better off without also making someone else worse off. Pareto efficiency...
    46 KB (5,333 words) - 05:43, 2 June 2025
  • Thumbnail for Dictatorship mechanism
    is the only ranked voting rule that satisfies unrestricted domain, Pareto efficiency, and independence of irrelevant alternatives. Similarly, by Gibbard's...
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  • related to efficiency: Exhaustiveness: no set of agents can pool their unused donations and fund a project approved by all of them. Pareto-optimality...
    19 KB (2,607 words) - 05:27, 14 March 2025
  • Thumbnail for Maximal lotteries
    characterized using Arrow's independence of irrelevant alternatives and Pareto efficiency. Maximal lotteries do not satisfy the standard notion of strategyproofness...
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  • Overhead (business) Pacman conjecture – Parable of the broken window – Pareto efficiency – Participatory economics – Peltzman effect – Perfect competition...
    16 KB (1,379 words) - 14:58, 3 January 2025
  • Thumbnail for Arrow's impossibility theorem
    some combination of votes. This is often replaced with the stronger Pareto efficiency axiom: if every voter prefers A over B, then A should defeat B. However...
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  • condition and is therefore Pareto efficient, despite the good in question being a public one. It also demonstrates how efficiency can be reached in an economy...
    21 KB (2,853 words) - 15:43, 5 February 2025
  • are proved: With two agents, both truthful and strategic choices lead to Pareto efficient allocations. Moreover, the game is monotonic in the following...
    8 KB (1,262 words) - 05:39, 27 December 2023
  • Thumbnail for Proportional approval voting
    yet they fail Pareto efficiency. Apart from properties pertaining to proportionality, PAV satisfies the following axioms: Pareto efficiency Consistency...
    23 KB (2,636 words) - 06:17, 9 November 2024
  • Parametric model Parametric statistics Pareto analysis Pareto chart Pareto distribution Pareto index Pareto interpolation Pareto principle Park test Partial autocorrelation –...
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  • would like to take another room at the rent assigned to that room. Pareto-efficiency (PE): No other assignment of partners to rooms is weakly better for...
    40 KB (6,105 words) - 06:34, 2 June 2025
  • S2CID 18693114. Aumann, Yonatan; Dombb, Yair (2010). "Pareto Efficiency and Approximate Pareto Efficiency in Routing and Load Balancing Games". In Kontogiannis...
    18 KB (2,974 words) - 13:35, 16 February 2025
  • Thumbnail for Factorial experiment
    considered. Alternative strategies with improved computational efficiency include fractional factorial designs, Latin hypercube sampling, and quasi-random...
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  • Thumbnail for Particle swarm optimization
    comparison takes Pareto dominance into account when moving the PSO particles and non-dominated solutions are stored so as to approximate the pareto front. As...
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  • Mandeville, and later more mathematical approaches by economists such as Pareto and Marshall. The invisible hand is explicitly mentioned only once in the...
    45 KB (5,892 words) - 16:41, 23 May 2025
  • Economic efficiency Efficient-market hypothesis efficient frontier Production–possibility frontier Allocative efficiency Pareto efficiency Productive...
    69 KB (5,713 words) - 08:24, 22 May 2025