Words similar to pareto
Example sentences for: pareto
How can you use “pareto” in a sentence? Here are some example sentences to help you improve your vocabulary:
Mitchell, Robert W. 1999, "Postal Worksharing: Welfare, Technical Efficiency, and Pareto Optimality," in Emerging Competition In Postal and Delivery Services, edited by Michael A. Crew and Paul R. Kleindorfer, Boston: Kluwer Academic Publishers.
Increasing the discount from zero to ¾ cent, then, was a Pareto optimal move.
But in practice, nobody is guided solely by the Pareto Principle anyway.
Again, the move from offering no discount to offering a discount of 4.5¢ is a Pareto optimal move-no one is worse off and someone is substantially better off.
Economists are as guilty of this hubris as are members of any discipline: There's the Fischer Effect, the Sharpe Ratio, the Miller-Modigliani Theorem, Tobin's Q, the Laffer Curve (the only one in which the name helps characterize the discovery), and the greatest of them all, Pareto Optimality.
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