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Your search for "Pareto principle" over the article keywords returned 16 results.

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1. stochastic dominance

Stochastic dominance is a term which refers to a set of relations that may hold between a pair of distributions. A very common application of stochastic ...

By Russell Davidson. From The New Palgrave Dictionary of Economics, Second Edition, 2008

2. justice (new perspectives)

This article provides a survey of recent normative work on justice. It shows how the concern for distributive equality has been questioned by the idea ...

By Bertil Tungodden. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3. social welfare function

The article deals with the related, though distinct, notions of a social welfare function due to A. Bergson and P. Samuelson on the one hand and K.J. ...

By Prasanta K. Pattanaik. From The New Palgrave Dictionary of Economics, Second Edition, 2008

4. mechanism design

A mechanism is a specification of how economic decisions are determined as a function of the information that is known by the individuals in the economy. ...

By Roger B. Myerson. From The New Palgrave Dictionary of Economics, Second Edition, 2008

5. Arrow's theorem

Any satisfactory method of making a social choice should be in some measure representative of the individual criteria which enter into ...

By Kenneth J. Arrow. From The New Palgrave Dictionary of Economics, Second Edition, 2008

6. Pareto principle and competing principles

The Pareto principle, the seemingly incontrovertible dictum that if all individuals prefer some regime to another then so should society, may conflict ...

By Louis Kaplow. From The New Palgrave Dictionary of Economics, Second Edition, 2008

7. rational behaviour

A clear distinction must be drawn between (a) the type of behaviour that might be described as rational, and (b) rational behaviour models that might ...

By Amartya Sen. From The New Palgrave Dictionary of Economics, Second Edition, 2008

8. Pareto, Vilfredo (1848–1923)

Pareto made major contributions to a wide range of subjects covering mathematical economics, statistics, sociology and many others. In economics his name ...

By Alan Kirman. From The New Palgrave Dictionary of Economics, Second Edition, 2008

9. incentive compatibility

Incentive compatibility – a characteristic of mechanisms whereby each agent knows that his best strategy is to follow the rules, no matter what the other ...

By John O. Ledyard. From The New Palgrave Dictionary of Economics, Second Edition, 2008

10. social choice

This article is a critical survey of the literature of social choice theory, first formalized by Kenneth Arrow in 1951. Social choice theory deals with ...

By Amartya Sen. From The New Palgrave Dictionary of Economics, Second Edition, 2008