Examlex
An example of a primary market transaction is
Pareto Optimal
An alternative term for Pareto Efficient, describing a state where making any individual or preference criterion better off without making at least one individual or criterion worse off is impossible.
Allocation
The process of distributing resources or tasks among various projects, departments, or individuals.
Initial Allocation
The original distribution of resources, goods, or tasks among various parties or locations.
Pareto Optimal
A situation in which it is impossible to make any individual better off without making at least one individual worse off.
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