Paretooptimalitású
Paretooptimalitású, often translated as Pareto optimality or Pareto efficiency, is a concept used in economics and game theory to describe a state where no individual's situation can be improved without making at least one individual's situation worse. In simpler terms, a situation is Paretooptimalitású if it's impossible to reallocate resources or change the outcome to benefit someone without negatively impacting another person.
This concept, named after the Italian economist Vilfredo Pareto, does not imply fairness or equity. A situation
Paretooptimality is often used as a benchmark to evaluate economic policies or market outcomes. If an outcome