This seems a reasonable way to determine whether an outcome is efficient or not but in practice, it is almost impossible to make any change without making at least one person worse off.
However, in practice it is almost impossible to make any change without making at least one person worse off. This seems a reasonable way to determine whether an outcome is efficient or not.
This seems a reasonable way to determine whether an outcome is efficient or not. However, in practice it is almost impossible to make any change without making at least one person worse off.
This seems a reasonable way to determine whether an outcome is efficient or not. However, in practice it is almost impossible to make any change without making at least one person worse off.