Micro- and Macroeconomic Models and Optimization Procedures
The conventional economics lies on the fundamental assumption of neoclassical welfare economics according to which the primarily aim of economics is to achieve Pareto optimal conditions. Pareto optimum has two meanings: if Pareto optimum means Pareto norms, it reflects relevant conditions for econo...
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| Format: | Article |
| Language: | English |
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University of Miskolc
2013-01-01
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| Series: | Theory, Methodology, Practice |
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| Online Access: | https://ojs.uni-miskolc.hu/index.php/tmp/article/view/1442 |