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Bases Components Of Pareto Efficiency

Author

Listed:
  • Daniela POPESCU
  • Adriana SCRIOSTEANU
  • Ludmila RAILEAN (PAUNESCU)

    (University of Craiova)

Abstract

This study take into discussion the problem of underlay the decisions, which are particularly complex and actual, based of an important volume of information, which need an important quantity of work. From our investigations, we conclusion that some inconvenient can be evitable by use also of others concepts, which apply to this kind of information. In this direction, the Study follow up to end the manner which base the decisions, we allot a especial attention to analyze the Concept of Efficiency Pareto, which finally has two fundamental elements: final benefit and opportunity cost, use also in the process for take decisions. So we explain the ample analyze of Concept of Efficiency Pareto, where the main accent is on quantitative aspects evaluation of elements, which characterize them. By amplification is thoroughness the analyze of process for take decisions. So is underlined the closed link between different economical concepts and their great usefulness in practice.

Suggested Citation

  • Daniela POPESCU & Adriana SCRIOSTEANU & Ludmila RAILEAN (PAUNESCU), 2011. "Bases Components Of Pareto Efficiency," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(2), pages 237-242, November.
    • Handle: RePEc:aio:manmar:v:ix:y:2011:i:2:p:237-242
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    More about this item

    Keywords

    Pareto efficiency; benefit; policy; decision;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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