80-20 Rule

Pareto's Law: Income Distribution and Economic Dynamics
An in-depth look at Pareto's Law, which posits the constant pattern of income distribution across different societies and times, including the concept of Pareto Optimality.
The 80-20 Rule (Pareto Principle): Definition, Mechanism, and Applications
An in-depth look at the 80-20 Rule, known as the Pareto Principle, including its definition, how it works, and its applications in various fields such as business and economics.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.