☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Pareto Efficiency

A state in which no one can be made better off without making someone else worse off — the benchmark for economic efficiency. Legal rules should strive for Pareto improvements.

Category: Legal Economics
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: