Re: DSE 2010 Disucssion-Please joim

Posted by Granpa Simpson on Jun 05, 2014; 8:44am
URL: http://discussion-forum.276.s1.nabble.com/DSE-2010-Disucssion-Please-joim-tp7590469p7591532.html

See the definition of Pareto Efficient allocation states that it is such an allocation from where no agent can be be made better off without making the other worse off...or in other words you can look at it as an allocation, a deviation from which makes atleast one agent worse off..so if you are able to show that a deviation from a said allocation makes one of the agents better without hampering the utility of the other, your purpose of proving that the allocation not Pareto optimal is done..the same concept is used here..!!!