Question: What does it mean to say that a decision for a group is Pareto optimal? No one could be made better off without making someone
What does it mean to say that a decision for a group is Pareto optimal?
No one could be made better off without making someone worse off.
Everyone in the group benefits from the decision to an equal degree.
Every single individual in the group is fully satisfied with the decision.
Those dissatisfied with the decision are permitted to leave the group.
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