Pareto optimum shows balanced state of society in which no individual or group can no longer achieve a better position without that would in turn worsen the position of someone else.
Pareto optimum defined Vilfredo Pareto, an Italian economist.
publication date: 08/03/2014
Pareto optimum shows balanced state of society in which no individual or group can no longer achieve a better position without that would in turn worsen the position of someone else.
Pareto optimum defined Vilfredo Pareto, an Italian economist.