MLchartDataset catalogue

Pareto optimality

Term · Environment · MLC-T-ENV-020248

An economic state in which it is impossible to reallocate resources to make one individual better off without making another worse off.

Table 1. Record
IdentifierMLC-T-ENV-020248
FieldEnvironment
SubjectGeneral environmental
ReferencesPreparing Economic Analyses Glossary
Record as JSON 
{
  "id": "MLC-T-ENV-020248",
  "term": "Pareto optimality",
  "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-optimality/"
}

Record 20,248 of 30,736 in Environment terminology (MLC-0121). Request the full dataset.