Youtor
Pareto Optimality
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=idHVAUEeaqE
Find the complete course at the Si Network Platform → https://tinyurl.com/brrvwn78 • Pareto optimality in game theory answers a very specific question of whether an outcome can be better than the other? Pareto optimality is a notion of efficiency or optimality for all the members involved. An outcome of a game is Pareto optimal if there is no other outcome that makes every player at least as well off and at least one player strictly better off. That is to say, a Pareto optimal outcome cannot be improved upon without hurting at least one player. • Learn about the Systems Innovation Network on our social media: • → Twitter: http://bit.ly/2JuNmXX • → LinkedIn: http://bit.ly/2YCP2U6
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