The Pareto Efficiency Concept - Deepstash

The Pareto Efficiency Concept

The Pareto Efficiency idea refers to situations where you can (or can't) improve something without trade-offs.

For example, consider designing a car where you aim for speed and safety. Pareto efficiency is to find a design that allows you to get more speed or safety without getting less of the other.

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antoniov

"Try not to be a man of success, but a man of value." - Albert Einstein

The idea is part of this collection:

How to Run an Effective Meeting

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How to set clear objectives

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