There's a shifting focus to high-value customers for casinos, maximizing win per visit rather than chasing volume. Read how ...

To understand how the ruling class of a given society operates, classical liberal sociologists led by Italian polymath Vilfredo Pareto created what is now known as Elite Theory. Pareto also studied ...

Learn how school business managers can use the Pareto Principle (80/20 rule) to prioritise tasks, boost productivity and ...

The system depends on two classifications, based on cost and need. The cost analysis is based on the Pareto Principle, enunciated by the economist Vilfredo Pareto, that in the case of pharmaceuticals ...

Four questions to consider to reduce your COGS The 80/20 rule, also known as the Pareto Principle, is a concept that originated from the Italian economist Vilfredo Pareto. This suggests that roughly ...

This paper presents a novel approach to generate data-driven regression models that not only give reliable prediction of the observed data but also have smoother response surfaces and extra ...

In this article, we are interested in studying a new kind of Pareto cooperative differential game of backward stochastic differential equation. Based on the characterizations of Pareto optimal ...