Pareto dominant

An outcome s* strongly Pareto dominates s if:


An outcome s* weakly Pareto dominates s if:


s* is strongly Pareto optimal if whenever s weakly Pareto dominates s*, in[ui(s*)=ui(s)]. That is, there is no strategy which provides at least as large a payoff to each player and a larger one to at least one. s* is weakly Pareto optimal if there is no s such that s strongly Pareto dominates s*.

Title Pareto dominant
Canonical name ParetoDominant
Date of creation 2013-03-22 12:51:32
Last modified on 2013-03-22 12:51:32
Owner Henry (455)
Last modified by Henry (455)
Numerical id 6
Author Henry (455)
Entry type Definition
Classification msc 91A99
Defines strongly Pareto optimal
Defines weakly Pareto optimal
Defines strongly Pareto dominates
Defines strongly Pareto dominant
Defines Pareto dominates
Defines Pareto dominant
Defines weakly Pareto dominates
Defines weakly Pareto dominant