What is Pareto?
1.
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
Random Words:
1.
someone who is awful at any activity or action, that person has rookie eyes.
Katie: oh, shit I just tripped.
Bryan: she got rookie eye..
1.
A random way of being surprised and amused..
Bob: Hey tom, I just got laid...
Tom: ZOMFGWTFBBQ? BY WHO?
See zomg, wtf, bbq, lol, noob..
