Vilfredo Federico Damaso Pareto[4] (UK: /pæˈreɪtoʊ,-ˈriːt-/parr-AY-toh, -EE-,[5]US: /pəˈreɪtoʊ/pə-RAY-toh,[6]Italian:[vilˈfreːdopaˈreːto], Ligurian:[paˈɾeːtu]; born Wilfried Fritz Pareto;[7] 15 July 1848 – 19 August 1923) was an Italian polymath, whose areas of interest included sociology, civil engineering, economics, political science, and philosophy. He made several important contributions to economics, particularly in the study of income distribution and in the analysis of individuals' choices. He was also responsible for popularising the use of the term "elite" in social analysis.
He introduced the concept of Pareto efficiency and helped develop the field of microeconomics. He was also the first to claim that income follows a Pareto distribution, which is a power law probability distribution. The Pareto principle was named after him, and it was built on his observations that 80% of the wealth in Italy belonged to about 20% of the population. He also contributed to the fields of sociology and mathematics.
^Robert A. Nye (1977). The Anti-Democratic Sources of Elite Theory: Pareto, Mosca, Michels. Sage. p. 22.
^J. J. Chambliss, ed. (2013). Philosophy of Education: An Encyclopedia. Routledge. p. 179.
^ abcdRothbard, Murray (2006). "After Mill: Bastiat and the French laissez-faire tradition". An Austrian Perspective on the History of Economic Thought. Vol. Classical economics. Ludwig von Mises Institute. pp. 456–457.
^Geoffrey Duncan Mitchell. A Hundred Years of Sociology. Transaction Publishers, 1968. p. 115. ISBN 9780202366647
^"Pareto". Lexico UK English Dictionary. Oxford University Press. Archived from the original on 4 February 2021.
^"Pareto". Merriam-Webster.com Dictionary. Retrieved 28 July 2019.
^Boccara, Nino (9 September 2010). Modeling Complex Systems. Springer Science & Business Media. p. 372. ISBN 978-1-4419-6562-2.
Romanian-born American engineer, came across the work of Italian polymath VilfredoPareto. Pareto noted that approximately 80% of Italy's land was owned by 20% of...
The Pareto distribution, named after the Italian civil engineer, economist, and sociologist VilfredoPareto, is a power-law probability distribution that...
better off without making another worse off. The concept is named after VilfredoPareto (1848–1923), Italian civil engineer and economist, who used the concept...
by the line. The chart is named for the Pareto principle, which, in turn, derives its name from VilfredoPareto, a noted Italian economist. The left vertical...
three mentioned forms as well as subsequent political institutions. VilfredoPareto (1848–1923), Gaetano Mosca (1858–1941), and Robert Michels (1876–1936)...
In economics the Pareto index, named after the Italian economist and sociologist VilfredoPareto, is a measure of the breadth of income or wealth distribution...
surrounding Léon Walras and VilfredoPareto. It is named after the University of Lausanne, at which both Walras and Pareto held professorships. Polish...
markets, with complete information, and in perfect competition, will be Pareto optimal (in the sense that no further exchange would make one person better...
Look up pareto in Wiktionary, the free dictionary. Pareto may refer to: VilfredoPareto (1848–1923), Italian economist, political scientist, and philosopher...
elites is a theory of regime change described by Italian sociologist VilfredoPareto (1848–1923). Changes of regime, revolutions, and so on occur not when...
1916 book by the Italian sociologist and economist VilfredoPareto (1848–1923). In this book Pareto presents the first sociological cycle theory, centered...
only other Marxists but also thinkers such as Niccolò Machiavelli, VilfredoPareto, Georges Sorel, and Benedetto Croce. The notebooks cover a wide range...
three members constituting the Italian school of elitism together with VilfredoPareto and Robert Michels. Mosca earned a degree in law from the University...
Eugen von Böhm-Bawerk and by Friedrich von Wieser; in Switzerland by VilfredoPareto; and in America by Herbert Joseph Davenport and by Frank A. Fetter...
Pareto interpolation is a method of estimating the median and other properties of a population that follows a Pareto distribution. It is used in economics...
including Robert Michels (1876–1936), Alexis de Tocqueville (1805–1859), VilfredoPareto (1848–1923) and Thorstein Veblen (1857–1926). The classical sociological...
its connection with the Pareto principle named after the economist VilfredoPareto. It is especially used in the surroundings of Six Sigma projects. It...
by Lawrence J Henderson whose theoretical interests in the work of VilfredoPareto inspired Talcott Parsons interests in sociological systems theory....
welfare is called the Pareto optimum (criterion) after its discoverer VilfredoPareto. Wolff and Resnick (2012) describe the Pareto optimality in another...
the ideas of the philosopher Friedrich Nietzsche, the sociologist VilfredoPareto, and the syndicalist Georges Sorel. Mussolini also later credited the...
market economy was developed by Léon Walras and further extended by VilfredoPareto. It was examined with close attention to generality and rigour by twentieth...
Herbert Spencer (1820–1903), coined the term "survival of the fittest". VilfredoPareto (1848–1923) and Pitirim A. Sorokin argued that "history goes in cycles...
from greek "Ophelimos" "useful" is an economic concept introduced by VilfredoPareto as a measure of purely economic satisfaction, so he could use the already...
from Machiavelli and Montesquieu, to Gaetano Mosca and Max Weber, VilfredoPareto and Robert Michels, on to James Bryce - with his Modern Democracies...
sociology, such as Ferdinand Tönnies, Émile Durkheim, and Max Weber, VilfredoPareto and Georg Simmel, examined the exponential growth and interrelatedness...
Weber's work and his analyses of works by Max Weber, Émile Durkheim, and VilfredoPareto. Their work heavily influenced Parsons' view and was the foundation...
considerable social power. C. Wright Mills, drawing from the theories of VilfredoPareto and Gaetano Mosca, contends that the imbalance of power in society...
economics from 1933 to 1934. He was a student of Irving Fisher and VilfredoPareto and is considered Fisher's closest disciple and a proto-Keynesian....
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