Definitions

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun Italian sociologist and economist whose theories influenced the development of fascism in Italy (1848-1923)

Etymologies

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Examples

  • [1] As usual, Pareto is right, and about 20% of my students take up about 80% of my grading time.

    Matthew Yglesias » Charter School Metaphors 2010

  • An interesting twist on this general topic is the suggestion made in a WSJ October 2008 editorial to "allow"seniors to opt out of Medicare entirely, not just Part B.See here for a discussion of how that might be good for some and harming none, something economists seem to refer to as Pareto Optimal.

    Archive 2009-06-01 james gaulte 2009

  • Properly functioning markets allocate resources efficiently in this sense (called Pareto optimality).

    Herman Daly Festschrift~ The world is in over-shoot and what to do about it 2009

  • An interesting twist on this general topic is the suggestion made in a WSJ October 2008 editorial to "allow"seniors to opt out of Medicare entirely, not just Part B.See here for a discussion of how that might be good for some and harming none, something economists seem to refer to as Pareto Optimal.

    Comment writer asks retired doc about single payer james gaulte 2009

  • This is what economists call a Pareto-improving move.

    Barry Schwartz on the paradox of choice 2005

  • This is what economists call a Pareto-improving move.

    Barry Schwartz on the paradox of choice 2005

  • This is what economists call a Pareto-improving move.

    Barry Schwartz on the paradox of choice 2005

  • In the light of these considerations one of the stand - ard concepts currently used in describing a social op - timum, the so-called Pareto optimum (formulated by v. Pareto, 1909) appears at best to be an oversimplifi - cation.

    GAME THEORY OSKAR MORGENSTERN 1968

  • When the parties to a transaction come away satisfied with the bargain they have made, it is referred to as a Pareto-efficient transaction.

    The Earth Times Online Newspaper 2010

  • When the parties to a transaction come away satisfied with the bargain they have made, it is referred to as a Pareto-efficient transaction.

    The Earth Times Online Newspaper 2010

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