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Fractional Pareto efficiency is a concept that extends the traditional notion of Pareto efficiency in economics and optimization theory. While a traditional Pareto efficient allocation occurs when it is impossible to make one individual better off without making another individual worse off, fractional Pareto efficiency introduces a more nuanced approach. In fractional Pareto efficiency, one assesses configurations where some individuals may be partially made better off without entirely disadvantaging others.

Ancestors (5)

  1. Pareto efficiency
  2. Game theory
  3. Fields of mathematics
  4. Mathematics
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