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A small improvement to Wikipedia page on Pareto Efficiency

by Edwin Evans
18th Nov 2024
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Note: I would have done this as a Quick Take, but it doesn't allow images.

In the spirit of How I got 4.2M YouTube views without making a single video, I improved a diagram on the wikipedia page for Pareto Efficiency.

ORIGINAL VERSION

NEW VERSION

 

Based on the text, I don't think the author understood that Cooperate/Cooperate isn't the only Pareto efficient outcome ("Thus Both Cooperate is Pareto-efficient"). It's a small change and I think the text is more in need of improving, but this is all I can do now.