weak Pareto principle

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• Pareto principle — A principle of welfare economics derived from the writings of Vilfredo Pareto , which states that a legitimate welfare improvement occurs when a particular change makes at least one person better off, without making any other person worse off. A… …   Dictionary of sociology

• Pareto efficiency — Pareto efficiency, or Pareto optimality, is an important concept in economics with broad applications in game theory, engineering and the social sciences. The term is named after Vilfredo Pareto, an Italian economist who used the concept in his… …   Wikipedia

• Pareto index — In economics the Pareto index, named after the Italian economist and sociologist Vilfredo Pareto, is a measure of the breadth of income or wealth distribution. It is one of the parameters specifying a Pareto distribution and embodies the Pareto… …   Wikipedia

• Vilfredo Pareto — Lausanne School Born 15 July 1848(1848 07 15) Died 19 August 1923(1923 08 …   Wikipedia

• Social Choice and Individual Values — Kenneth Arrow s monograph Social Choice and Individual Values (1951, 2nd ed., 1963) and a theorem within it created modern social choice theory, a rigorous melding of social ethics and voting theory with an economic flavor. Somewhat formally, the …   Wikipedia

• List of mathematics articles (P) — NOTOC P P = NP problem P adic analysis P adic number P adic order P compact group P group P² irreducible P Laplacian P matrix P rep P value P vector P y method Pacific Journal of Mathematics Package merge algorithm Packed storage matrix Packing… …   Wikipedia

• Income inequality metrics — The concept of inequality is distinct from that of poverty[1] and fairness. Income inequality metrics or income distribution metrics are used by social scientists to measure the distribution of income, and economic inequality among the… …   Wikipedia

• Grind (gaming) — Grinding is a term used in computer gaming to describe the process of engaging in repetitive and/or non entertaining gameplay in order to gain access to other features within the game.cite web | url =… …   Wikipedia

• List of probability topics — This is a list of probability topics, by Wikipedia page. It overlaps with the (alphabetical) list of statistical topics. There are also the list of probabilists and list of statisticians.General aspects*Probability *Randomness, Pseudorandomness,… …   Wikipedia

• law — [lɔː ǁ lɒː] noun 1. [singular, uncountable] LAW the whole system of rules that citizens of a country must obey: • It is against the law (= illegal ) for children to work before they are fifteen. • There were easy profits for businessmen who were… …   Financial and business terms

• Physical law — A physical law or scientific law is a scientific generalization based on empirical observations of physical behavior (i.e. the law of nature [ E.g. an observable law relating to natural phenomena. Oxford Dictionary] ). Laws of nature are… …   Wikipedia