THE NASH OPTIMUM VS THE PARETO OPTIMUM Nash:The best EXCHANGE possible, vs Paret

THE NASH OPTIMUM VS THE PARETO OPTIMUM

Nash:The best EXCHANGE possible, vs Pareto: the most THEFT Possible.

Economics in a nutshell. Austrians use Nash, Mainstream uses Pareto.


Source date (UTC): 2016-04-09 06:53:00 UTC

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