![](/template/termwiki/images/likesmall.jpg)
Home > Terms > Armenian (HY) > Պարետո արդյունավետություն
Պարետո արդյունավետություն
A situation in which nobody can be made better off without making somebody else worse off. Named after Vilfredo Pareto (1843–1923), an Italian economist. If an economy’s resources are being used inefficiently, it ought to be possible to make somebody better off without anybody else becoming worse off. In reality, change often produces losers as well as winners. Pareto efficiency does not help judge whether this sort of change is economically good or bad.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Health care Category: Dermatology
Եթերային յուղ
եթերային յուղը բուսական նյութերից արտահանված հեղուկ ցնդող նյութերի հոտավետ խառնուրդ է: եթերային յուղերի մեծ մասը հեշտությամբ լուծվում է բենզինի, ...
Contributor
Featured blossaries
Browers Terms By Category
- Hair salons(194)
- Laundry facilities(15)
- Vetinary care(12)
- Death care products(3)
- Gyms(1)
- Portrait photography(1)
Consumer services(226) Terms
- General seafood(50)
- Shellfish(1)
Seafood(51) Terms
- Industrial automation(1051)
Automation(1051) Terms
- Clock(712)
- Calendar(26)
Chronometry(738) Terms
- Festivals(20)
- Religious holidays(17)
- National holidays(9)
- Observances(6)
- Unofficial holidays(6)
- International holidays(5)