Pareto efficiency
Term · Environment · MLC-T-ENV-020247
An economic state in which it is impossible to reallocate resources to make one individual better off without making another worse off.
| Identifier | MLC-T-ENV-020247 |
|---|---|
| Field | Environment |
| Subject | General environmental |
| References | Preparing Economic Analyses Glossary |
Record as JSON
{
"id": "MLC-T-ENV-020247",
"term": "Pareto efficiency",
"field": "Environment",
"definition": "An economic state in which it is impossible to reallocate resources to make one individual better off without making another worse off.",
"subject": "General environmental",
"references": [
"Preparing Economic Analyses Glossary"
],
"url": "https://mlchart.com/terminology/environment/pareto-efficiency/"
}
Record 20,247 of 30,736 in Environment terminology (MLC-0121). Request the full dataset.