Pareto

What is Pareto?

Pareto efficiency is enforcing something that makes somebody better off without making anybody else worse off. Net society gains as a whole.

It's like 2 guys chasing 2 girls (a blonde and a brounette). Guy 1 only likes blondes. Guy 2 only likes brounettes.

Outcomes:

Guy 1 gets both girls. Guy 2 no girl.

Guy 2 gets both girls. Guy 1 no girl.

OR,

PARETO EFFICENT OUTCOME:

Guy 1 gets the blonde, and Guy 2 gets the brounette. Each is made better off without making the other guy worse off.

See economics, society, equilibrium

Varsha

1. Rain in Hindi, Sanskrit and many Indian languages. Many people like to name their daughters with this name. My friend's name is Va..

Drunk Pot

1. The state of being under the influence of both alcohol and marijuana. "Dude i was so drunk pot last night i could'nt even sta..

Crusty's

1. crusty's come's from the ass crack the stick to ya jocks. doing a sloppy fart and it becomes hard and u have stained jocks an..

All you need for a faster workflow in one place.

Pareto Edit Meaning