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Pareto-optimal

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Definition of Pareto-optimal in English:

adjective

Economics
Relating to or denoting a distribution of wealth such that any redistribution or other change beneficial to one individual is detrimental to one or more others.
Example sentences
  • Someone marching to the front of a queue and buying someone else's space in it is Pareto-optimal; the other people are made no worse off, and the parties to the exchange are made better off.

Derivatives

Pareto-optimality

1
noun

Definition of Pareto-optimal in:

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Pronunciation: snɑːf
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eat or drink quickly or greedily