Paretoepäoptimaalisia
Paretoepäoptimaalisia is a Finnish term that translates to "Pareto inefficient" or "Pareto suboptimal" in English. It is a concept used in economics and game theory to describe a state or allocation of resources where it is possible to make at least one individual better off without making any other individual worse off. In other words, a Pareto inefficient state is one where a potential improvement exists that would benefit someone without harming anyone else.
A situation is considered Pareto efficient (or Pareto optimal) if no further Pareto improvements can be made.
The distinction between Pareto efficient and Pareto inefficient states is important in various economic analyses, including