Achieving Pareto Optimality in a Budget is often hard — a situation where no one is worse off, and some are better off. This has been attained by the Finance Minister this time because one of the ...

Among active players, nobody comes especially close to Wilt’s Pareto record. (That’s actually a colossal understatement.) But Harden is tied with Rajon Rondo for the active lead with three Pareto ...

Biological systems that perform multiple tasks face a fundamental trade-off: A given phenotype cannot be optimal at all tasks. Here we ask how trade-offs affect the range of phenotypes found in nature ...

This paper addresses the question of the consistency of utility maximization in Becker's time allocation model with Pareto optimality. We find that when the general conditions of Pareto optimality are ...

Vilfredo Federico Damaso Pareto (1848-1923), an Italian Polymath (trai – ned in physics and mathematics) whose genius radiated into the major fields of knowledge especially, sociology, civil ...