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  2. Pareto efficiency - Wikipedia

    en.wikipedia.org/wiki/Pareto_efficiency

    Formally, a state is Pareto-optimal if there is no alternative state where at least one participant's well-being is higher, and nobody else's well-being is lower. If there is a state change that satisfies this condition, the new state is called a "Pareto improvement". When no Pareto improvements are possible, the state is a "Pareto optimum".

  3. Optimism - Wikipedia

    en.wikipedia.org/wiki/Optimism

    Some have argued that optimism is the opposite end of a single dimension with pessimism, [14] [page needed] with any distinction between them reflecting factors such as social desirability. Confirmatory modelling , however, supports a two-dimensional model [ 15 ] and the two dimensions predict different outcomes [ clarification needed ] . [ 16 ]

  4. Optimism bias - Wikipedia

    en.wikipedia.org/wiki/Optimism_bias

    Optimism bias is typically measured through two determinants of risk: absolute risk, where individuals are asked to estimate their likelihood of experiencing a negative event compared to their actual chance of experiencing a negative event (comparison against self), and comparative risk, where individuals are asked to estimate the likelihood of experiencing a negative event (their personal ...

  5. Economies of scale - Wikipedia

    en.wikipedia.org/wiki/Economies_of_scale

    Diseconomies of scale are the opposite. Economies of scale often have limits, such as passing the optimum design point where costs per additional unit begin to increase. Common limits include exceeding the nearby raw material supply, such as wood in the lumber, pulp and paper industry. A common limit for a low cost per unit weight raw materials ...

  6. Homeostasis - Wikipedia

    en.wikipedia.org/wiki/Homeostasis

    Low pressure in the arteries, causes the opposite reflex of constriction of the arterioles, and a speeding up of the heart rate (called tachycardia). If the drop in blood pressure is very rapid or excessive, the medulla oblongata stimulates the adrenal medulla , via "preganglionic" sympathetic nerves , to secrete epinephrine (adrenaline) into ...

  7. Mathematical optimization - Wikipedia

    en.wikipedia.org/wiki/Mathematical_optimization

    Fermat and Lagrange found calculus-based formulae for identifying optima, while Newton and Gauss proposed iterative methods for moving towards an optimum. The term "linear programming" for certain optimization cases was due to George B. Dantzig, although much of the theory had been introduced by Leonid Kantorovich in 1939.

  8. Michell structures - Wikipedia

    en.wikipedia.org/wiki/Michell_structures

    Michell structures are structures that are optimal based on the criteria defined by A.G.M. Michell in his frequently referenced 1904 paper. [1]Michell states that “a frame (today called truss) (is optimal) attains the limit of economy of material possible in any frame-structure under the same applied forces, if the space occupied by it can be subjected to an appropriate small deformation ...

  9. Opposite - Wikipedia

    en.wikipedia.org/wiki/Opposite

    Complementary antonyms are word pairs whose meanings are opposite but whose meanings do not lie on a continuous spectrum (push, pull). Relational antonyms are word pairs where opposite makes sense only in the context of the relationship between the two meanings (teacher, pupil). These more restricted meanings may not apply in all scholarly ...