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Definition of Pareto in English: Paretoadjectivepaˈreɪtəʊpaˈriːtəʊpəˈredō Denoting or involving the theories and methods of the Italian economist and sociologist Vilfredo Pareto (1848–1923), especially a formula used to express the income distribution of a society. 帕累托理论及方法的(尤指由意大利经济学家和社会学家威尔弗雷托·帕累托[1848-1923]提出的用于表示社会收入分配的一种公式) Example sentencesExamples - Champions of unrestricted free-market trade, meanwhile, might bear in mind that this is the very condition that generates an unequal Pareto distribution in the first place.
- If a state of affairs is not Pareto efficient, then society is missing an opportunity costlessly to satisfy some people's preferences better.
- The logical extension is that if individuals entered into agreements voluntarily, then the criterion for evaluation should be unanimous agreement (or Pareto efficiency).
- This statement misrepresents the content of these chapters, which include log-linear regressions, bounded Pareto distributions, and Green's function of the standard diffusion equation.
- In this case the game thus has the familiar outcome, i.e., the Pareto inferior Nash equilibrium (D, D).
- If we already are at a Pareto optimum, I am not convinced that coaxing even more young people away from low-skilled labor, the military, trade apprenticeships, or general slacking into college would do much for their spiritual resources.
- Therefore, the area EFG can be regarded both as the deadweight loss to society due to a lack of inter-regional migration, and the Pareto efficiency gain to society associated with inter-regional migration.
- Closer to reality than pure economy, Pareto positions applied political economy.
- To some neoclassical economists, the Pareto criterion is the unchallengeable linchpin of welfare economics.
- Within the set of utilitarian welfare functions was the Pareto welfare function, which demands that a policy at least not reduce the utility of anyone.
- Whether Wicksell even perceived taxation as an issue of Pareto efficiency is questionable.
- Buchanan argued that if a public good can be supplied in infra-marginal units, then with expenditure-tax pairings and bargaining within the group, any proposal adopted results in movement toward the Pareto frontier.
- Although Musgrave discussed Wicksell in an earlier article, he did not forge the link between Wicksell and the central element that was defining economics at the time - Pareto efficiency.
- Whereas the standard approaches are focused on minimizing social costs or facilitating a Pareto optimum, the approach described here is focused on minimizing interpersonal conflict.
- By adding the asset, equilibrium jumps to the Pareto frontier, even though there are many other missing asset markets that have not been added.
- Finally, we argue that if inter-State factor mobility is sufficiently high, as we believe is the case in Australia, then our reform proposal passes the Pareto test that no one is made worse off.
- The method of constructing a Pareto chart involves the following steps.
Definition of Pareto in US English: Paretoadjectivepəˈredō attributive Denoting or involving the theories and methods of the Italian economist and sociologist Vilfredo Pareto (1848–1923), especially a formula used to express the income distribution of a society. 帕累托理论及方法的(尤指由意大利经济学家和社会学家威尔弗雷托·帕累托[1848-1923]提出的用于表示社会收入分配的一种公式) Example sentencesExamples - To some neoclassical economists, the Pareto criterion is the unchallengeable linchpin of welfare economics.
- Finally, we argue that if inter-State factor mobility is sufficiently high, as we believe is the case in Australia, then our reform proposal passes the Pareto test that no one is made worse off.
- Whereas the standard approaches are focused on minimizing social costs or facilitating a Pareto optimum, the approach described here is focused on minimizing interpersonal conflict.
- If we already are at a Pareto optimum, I am not convinced that coaxing even more young people away from low-skilled labor, the military, trade apprenticeships, or general slacking into college would do much for their spiritual resources.
- In this case the game thus has the familiar outcome, i.e., the Pareto inferior Nash equilibrium (D, D).
- By adding the asset, equilibrium jumps to the Pareto frontier, even though there are many other missing asset markets that have not been added.
- Therefore, the area EFG can be regarded both as the deadweight loss to society due to a lack of inter-regional migration, and the Pareto efficiency gain to society associated with inter-regional migration.
- Buchanan argued that if a public good can be supplied in infra-marginal units, then with expenditure-tax pairings and bargaining within the group, any proposal adopted results in movement toward the Pareto frontier.
- Whether Wicksell even perceived taxation as an issue of Pareto efficiency is questionable.
- Champions of unrestricted free-market trade, meanwhile, might bear in mind that this is the very condition that generates an unequal Pareto distribution in the first place.
- The logical extension is that if individuals entered into agreements voluntarily, then the criterion for evaluation should be unanimous agreement (or Pareto efficiency).
- This statement misrepresents the content of these chapters, which include log-linear regressions, bounded Pareto distributions, and Green's function of the standard diffusion equation.
- Within the set of utilitarian welfare functions was the Pareto welfare function, which demands that a policy at least not reduce the utility of anyone.
- If a state of affairs is not Pareto efficient, then society is missing an opportunity costlessly to satisfy some people's preferences better.
- Although Musgrave discussed Wicksell in an earlier article, he did not forge the link between Wicksell and the central element that was defining economics at the time - Pareto efficiency.
- The method of constructing a Pareto chart involves the following steps.
- Closer to reality than pure economy, Pareto positions applied political economy.
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