Glossary entry (derived from question below)
English term or phrase:
Pareto efficint
Arabic translation:
معامل باريتو لفاعلية توزيع المخصصات
Added to glossary by
Shazly
Jan 23, 2004 12:55
20 yrs ago
1 viewer *
English term
Pareto efficient
English to Arabic
Bus/Financial
the competion is uniqe as Pareto efficient
Proposed translations
(Arabic)
| 1 | معامل باريتو لفاعلية توزيع المخصصات |
Shazly
|
| 4 +5 | مكافئ باريتو |
Musab Hayatli
|
| 4 | Pareto |
agtranslat
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Proposed translations
7 hrs
Selected
معامل باريتو لفاعلية توزيع المخصصات
إضافة لما أورده الزملاء فقد يكون من المناسب إضافة شرحاً مختصراً للمصطلح
Pareto efficiency: An economic allocation is inefficient if there is an alternative allocation in which all agents are better off in terms of their own objective functions (utilities, profits, payoffs); it is said to be Pareto efficient if there is none such alternative allocation. Put differently, in an Pareto efficient state, it is impossible to improve one agent's state without making at least one other agent worse-off. This criterion generalizes the one of a maximal aggregate surplus to situations with incomparable objective functions (preferences). It is weak in that typically entire continua of Pareto efficient states exist; the criterion is therefore important mainly as a negative one, ruling out (institutions leading to) inefficient states as undesirable. With incomplete information about the agents' preferences, the notion of Pareto efficiency is ambiguous. An operational criterion of efficiency then depends on the state of the resolution of uncertainty: different allocations can be compared in terms of their ex-ante, their interim, or their ex-post efficiency.
A feasible allocation is Pareto efficient for a group of agents if there is no other feasible allocation that can increase the welfare of every agent.
Pareto efficiency: An economic allocation is inefficient if there is an alternative allocation in which all agents are better off in terms of their own objective functions (utilities, profits, payoffs); it is said to be Pareto efficient if there is none such alternative allocation. Put differently, in an Pareto efficient state, it is impossible to improve one agent's state without making at least one other agent worse-off. This criterion generalizes the one of a maximal aggregate surplus to situations with incomparable objective functions (preferences). It is weak in that typically entire continua of Pareto efficient states exist; the criterion is therefore important mainly as a negative one, ruling out (institutions leading to) inefficient states as undesirable. With incomplete information about the agents' preferences, the notion of Pareto efficiency is ambiguous. An operational criterion of efficiency then depends on the state of the resolution of uncertainty: different allocations can be compared in terms of their ex-ante, their interim, or their ex-post efficiency.
A feasible allocation is Pareto efficient for a group of agents if there is no other feasible allocation that can increase the welfare of every agent.
4 KudoZ points awarded for this answer.
Comment: "Thank you very much, your answer was a great help"
+5
16 mins
مكافئ باريتو
There could be a more mathematical term for it.
Peer comment(s):
| agree |
Abdellatif Bouhid
: فعال باريتو The name comes from Vilfredo Pareto father of the Pareto formula 20/80 (20% of any activity gives 80% of the results, and vice-versa). The name can thus only be transliterated.
54 mins
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thank you for the information
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| agree |
Randa Farhat
: Pareto the person is an economist and sociologist. His "Pareto" unit means the 'frequency distribution of income in a society'.
5 hrs
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| agree |
Dr Wahidi
7 hrs
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| agree |
Ouadoud
: the context sentence is anyhow written in a poor English
2 days 5 hrs
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| agree |
Mohammed Abdelhady
2 days 19 hrs
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15 mins
agtranslat
Netherlands
Netherlands
Netherlands
Castilian native, no nonsense
Native in: Spanish 
Works in: Dutch to Spanish, English to Spanish, French to Spanish
Pareto
I caanot help you with efficient, but Pareto is the name of the formulator of the model.
Pareto efficiency
Definition. An allocation is Pareto efficient if there is no other allocation
in which some other individual is better off and no individual is worse off. ...
www.chass.utoronto.ca/~osborne/2x3/tutorial/PE.HTM - 6k - Cached - Similar pages
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Note added at 17 mins (2004-01-23 13:13:24 GMT)
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Vilfredo Pareto
Vilfredo Pareto, 1848-1923. ... Vilfredo Pareto was born in the year of people\'s revolutions
at its epicenter -- Paris, 1848 -- to an Italian aristocratic family. ...
Description: Page about Pareto\'s life and work by History of Economic Thought. Pareto was one of the founders of...
Category: Science > Social Sciences > ... > Microeconomics > Welfare Economics
cepa.newschool.edu/het/profiles/pareto.htm - 34k - Cached - Similar pages
Vilfredo Pareto Guide
Vilfredo Pareto. ... Born in 1848, the son of a Genoese father and a French
mother, Pareto studied engineering at the University of Turin. ...
www.economics.unimelb.edu.au/rdixon/pareto.html - 8k - Cached - Similar pages
Vilfredo Pareto - Wikipedia
Vilfredo Pareto. ... He introduced the concept of Pareto efficiency and helped develop
the field of microeconomics with ideas such as indifference curves. ...
en.wikipedia.org/wiki/Vilfredo_Pareto - 9k - Cached - Similar pages
Pareto efficiency
Definition. An allocation is Pareto efficient if there is no other allocation
in which some other individual is better off and no individual is worse off. ...
www.chass.utoronto.ca/~osborne/2x3/tutorial/PE.HTM - 6k - Cached - Similar pages
--------------------------------------------------
Note added at 17 mins (2004-01-23 13:13:24 GMT)
--------------------------------------------------
Vilfredo Pareto
Vilfredo Pareto, 1848-1923. ... Vilfredo Pareto was born in the year of people\'s revolutions
at its epicenter -- Paris, 1848 -- to an Italian aristocratic family. ...
Description: Page about Pareto\'s life and work by History of Economic Thought. Pareto was one of the founders of...
Category: Science > Social Sciences > ... > Microeconomics > Welfare Economics
cepa.newschool.edu/het/profiles/pareto.htm - 34k - Cached - Similar pages
Vilfredo Pareto Guide
Vilfredo Pareto. ... Born in 1848, the son of a Genoese father and a French
mother, Pareto studied engineering at the University of Turin. ...
www.economics.unimelb.edu.au/rdixon/pareto.html - 8k - Cached - Similar pages
Vilfredo Pareto - Wikipedia
Vilfredo Pareto. ... He introduced the concept of Pareto efficiency and helped develop
the field of microeconomics with ideas such as indifference curves. ...
en.wikipedia.org/wiki/Vilfredo_Pareto - 9k - Cached - Similar pages
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