Pareto optimal
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See also: Pareto-optimal
English
[edit]Alternative forms
[edit]Adjective
[edit]Pareto optimal (not comparable)
- (game theory, economics) Describing a situation in which the profit of one party cannot be increased without reducing the profit of another.
- (game theory) Describing a strategy that cannot be made to perform better against one opposing strategy without performing less well against another.
Usage notes
[edit]- This term can also be used to compare situations such that the situation in which fewer Pareto improvements can be made is considered more Pareto optimal.
Synonyms
[edit]- (describing a situation) Pareto efficient