Studied by 2 people
Optimality
________ or efficiency in this economic sense has nothing to do with the justice or desirability of the distribution.
least reinterpret
The quest for efficiency has led to efforts to restructure, or at ________, the traditional criteria for making one person pay for harm caused to another.
Pareto optimal state
The ________ might be a roughly equal distribution, or it might be a situation in which one player possesses all the goods.
Note 
Flashcard (78)