Linked from
The 54 pages that link to Pareto efficiency, each with the reason it gives.
Cost–benefit analysisRelated: A positive net benefit does not establish that every person gains.
Deadweight lossRelated: Foregone mutually beneficial trades indicate an avoidable failure of this efficiency criterion.
Nash equilibriumCompared with: A Nash equilibrium may be Pareto inefficient, as the Prisoner’s Dilemma demonstrates.
Market failureNarrower topic: It is a standard benchmark for judging whether a market allocation leaves feasible improvements.
Consumer surplusRelated: Positive consumer surplus alone does not establish that an allocation is Pareto efficient.
Welfare economicsRelated: It supplies a central, deliberately limited test of whether an allocation leaves gains unrealized.
Mechanism designRelated: Efficiency is one common benchmark for judging the outcomes a mechanism produces.
Neoclassical economicsRelated: This criterion became a central standard for evaluating market allocations.
Social welfare functionRelated: A widely used condition requires social rankings to respect unanimous welfare improvements.
Kenneth ArrowRelated: Arrow’s welfare results use this efficiency criterion, which does not settle questions of fairness.
Social choice theoryRelated: It is a standard criterion for judging collective decisions.
Amartya SenRelated: Sen showed that minimal respect for individual preferences can conflict with rights and freedom.
General equilibrium theoryRelated: Efficiency is a key criterion for evaluating general-equilibrium allocations.
Producer surplusRelated: Surplus-maximizing trade is connected to efficiency under standard competitive-market assumptions.
Preference relationRelated: Welfare comparisons depend on how individual preferences rank feasible outcomes.
Prisoner's dilemmaRelated: Mutual cooperation can Pareto-dominate mutual defection in the dilemma.
Objective functionCompared with: With conflicting objectives, solutions may be compared by dominance rather than one score.
Arrow's impossibility theoremBroader topic: This unanimity requirement is one of the theorem's jointly incompatible conditions.
Léon WalrasRelated: Pareto developed a major efficiency criterion within the Lausanne tradition Walras established.
Ordinal utilityRelated: Pareto comparisons can use ordinal preferences without comparing utility magnitudes across people.
Coase theoremRelated: The theorem’s central result concerns efficient outcomes, not equal or otherwise preferred distributions.
Incentive compatibilityCompared with: It evaluates outcomes, whereas incentive compatibility evaluates participants' strategic choices.
Resource allocationCompared with: Efficiency alone does not determine whether an allocation is fair.
Vilfredo ParetoBroader topic: This welfare criterion grew from Pareto’s analysis of economic allocation.
Stable marriage problemCompared with: A stable matching need not be the only efficient outcome, and stability is a different criterion.
First welfare theoremBroader topic: This is the efficiency property the theorem guarantees for competitive equilibria.
Law and economicsRelated: It is one benchmark for judging whether a legal arrangement permits avoidable gains.
Market designRelated: It is one standard for judging whether an allocation wastes potential gains.
Zero-sum gameRelated: Zero-sum settings constrain joint improvement differently from games with shared gains.
Second welfare theoremNarrower topic: The theorem’s target allocations are exactly those that satisfy this efficiency criterion.
Allocative efficiencyRelated: Competitive equilibrium can satisfy this efficiency criterion, though it does not settle questions of fairness.
Economic efficiencyBroader topic: It formalizes one prominent criterion for judging whether an allocation leaves avoidable gains unrealized.
Kaldor–Hicks efficiencyCompared with: Unlike Pareto improvement, Kaldor–Hicks permits changes that leave some people worse off.
Production–possibility frontierRelated: Productive efficiency on the frontier does not by itself guarantee economy-wide Pareto efficiency.
Stable matchingCompared with: A stable matching need not be Pareto efficient under every model of preferences and feasible assignments.
Walrasian equilibriumRelated: Welfare theorems connect this criterion to competitive equilibrium under specified assumptions.
Dominant strategyCompared with: A dominant choice need not produce a Pareto-efficient outcome, as the prisoner's dilemma shows.
Minimal elementRelated: Efficient outcomes are minimal under the order that compares outcomes by all objectives.
BargainingRelated: An agreement may divide gains differently while still being efficient in this sense.
Tjalling KoopmansRelated: Efficiency criteria help identify which resource allocations activity analysis deems worthwhile.
Arthur Cecil PigouRelated: This efficiency criterion helps frame welfare judgments that Pigou’s approach sought to improve.
Economic equilibriumCompared with: Equilibrium describes compatible plans; Pareto efficiency evaluates the resulting allocation.
Market efficiencyRelated: Economists use this criterion to assess whether an allocation leaves mutually beneficial changes unrealized.
Gérard DebreuRelated: Competitive equilibrium allocations can be assessed using this efficiency criterion.
Gibbard–Satterthwaite theoremRelated: Related impossibility results combine preference-respecting conditions with non-dictatorship.
Invisible handRelated: It gives a precise efficiency criterion related to, but narrower than, social benefit.
Order theoryRelated: Multiple objectives induce partial orders, making efficiency an order-theoretic idea.
Voluntary exchangeRelated: Under restrictive assumptions, mutually beneficial trades can move an allocation toward Pareto efficiency.
Public economicsRelated: It supplies an efficiency benchmark, though it does not determine whether an outcome is fair.
Maurice AllaisRelated: Allais studied the conditions under which market allocation can achieve this welfare benchmark.