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Pareto improvement. In DICTIOUS you will not only get to know all the dictionary meanings for the word
Pareto improvement, but we will also tell you about its etymology, its characteristics and you will know how to say
Pareto improvement in singular and plural. Everything you need to know about the word
Pareto improvement you have here. The definition of the word
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English
Etymology
Named after Vilfredo Pareto.
Noun
Pareto improvement (plural Pareto improvements)
- (game theory, economics) A change in the allocation of a resource to a set of individuals that is an improvement for at least one and no worse for any other.
See also