Psychohistorian comments on Human values differ as much as values can differ - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (205)
Pareto optima aren't very good on average, but shouldn't any worthwhile concept of optimality imply Pareto optimality?
Indeed. Pareto optimality is a necessary condition for an "ideal" society. Economists often make the mistake of thinking pareto optimality is a sufficient condition for this, which it is not: it's pareto optimal if I have everything and don't much want to part with any of it.