Pareto efficiency, or Pareto optimality, is a state of allocation of resources in which it is impossible to make any one individual better off without making at least one individual worse off.
Or about a definition of a (local) maximum that says that all other (adjacent) options are worse?
How would you feel about this?
Or about a definition of a (local) maximum that says that all other (adjacent) options are worse?
I don’t have any particular feelings about since I don’t see how you are relating it to the quotes. Could you please clarify?
I believe it’s a concept and reckon it’s a pretty good Wikipedia article...