P areto's Rule
Bibliographic Data
| ID | 23617065 |
|---|---|
| Authors | Dale Littler (University of Manchester, corresponding author) |
| Year | 2015 |
| Pages | 1-1 |
| Publication date | 2015-01-21 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | CHAPTER |
| Venue | Wiley Encyclopedia of Management (SOURCE_BOOK) |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/9781118785317.weom090556 |
| OpenAlex | W1526843449 |
| ISBN | 9781118785317 |
| Language | EN |
The 20/80 rule, based on a principle attributed to the Italian economist and political philosopher Vilfredo Pareto, suggests that the top 20% of products/customers account for approximately 80% of revenues/profits; or that 20% of users account for 80% of usage.
Economics · Mathematical economics · Operations management · Operations research · Pareto principle · Political science · Politics · Revenue · Finance · Law · Management, Economics, and Public Policy · Mathematics
| Citation velocity | historical |
|---|---|
| Highly cited | No |