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On non-Pareto efficiency

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  • Ignacy Kaliszewski

Abstract

We investigate assessment functions, i.e., functions that aggregate numerical attribute values into single numbers. All assessment functions in the current use share the same limitation: they do not explicitly account for the attribute values balance. Here, we present assessment functions that provide for that. However, those functions are at odds with the well-established paradigm of Pareto efficiency. As an example, the relevance of assessment functions to rankings is discussed.

Suggested Citation

  • Ignacy Kaliszewski, 2024. "On non-Pareto efficiency," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 34(4), pages 81-88.
    • Handle: RePEc:wut:journl:v:34:y:2024:i:4:p:81-88:id:5
    DOI: 10.37190/ord240405
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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