That mechanism which results in the greatest net gain for the designated economic agent The seller's net gain might be defined in terms of the speed with which the good is sold or the total price received. the algorithm that produces the best results The optimal algorithm might not be achievable, but stating the results gives a bound for all other algorithms and measures their quality. most desirable possible under a restriction expressed or implied; 'an optimum return on capital'; 'optimal concentration of a drug'
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