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  2. Strabismus - Wikipedia

    en.wikipedia.org/wiki/Strabismus

    Strabismus is a vision disorder in which the eyes do not properly align with each other when looking at an object. [2] The eye that is pointed at an object can alternate. [ 3 ] The condition may be present occasionally or constantly. [ 3 ]

  3. Theory of the second best - Wikipedia

    en.wikipedia.org/wiki/Theory_of_the_second_best

    In welfare economics, the theory of the second best concerns the situation when one or more optimality conditions cannot be satisfied. [1] The economists Richard Lipsey and Kelvin Lancaster showed in 1956 that if one optimality condition in an economic model cannot be satisfied, it is possible that the next-best solution involves changing other variables away from the values that would ...

  4. Exotropia - Wikipedia

    en.wikipedia.org/wiki/Exotropia

    Specialty. Ophthalmology. Exotropia is a form of strabismus where the eyes are deviated outward. It is the opposite of esotropia and usually involves more severe axis deviation than exophoria. People with exotropia often experience crossed diplopia. Intermittent exotropia is a fairly common condition. "Sensory exotropia" occurs in the presence ...

  5. Chronic progressive external ophthalmoplegia - Wikipedia

    en.wikipedia.org/wiki/Chronic_progressive...

    The most common strabismus finding is large angle exotropia which can be treated by maximal bilateral eye surgery, but due to the progressive nature of the disease, strabismus may recur. [14] Those that have diplopia as a result of asymmetric ophthalmoplegia may be corrected with prisms or with surgery to create a better alignment of the eyes.

  6. Market failure - Wikipedia

    en.wikipedia.org/wiki/Market_failure

    In neoclassical economics, market failure is a situation in which the allocation of goods and services by a free market is not Pareto efficient, often leading to a net loss of economic value. [1][2][3] The first known use of the term by economists was in 1958, [4] but the concept has been traced back to the Victorian philosopher Henry Sidgwick. [5]

  7. Factors of production - Wikipedia

    en.wikipedia.org/wiki/Factors_of_production

    The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function. There are four basic resources or factors of production: land, labour, capital and entrepreneur (or enterprise). [1] The factors are also frequently labeled " producer goods or services " to distinguish them ...

  8. Abstract economy - Wikipedia

    en.wikipedia.org/wiki/Abstract_economy

    Abstract economy. In theoretical economics, an abstract economy (also called a generalized N-person game) is a model that generalizes both the standard model of an exchange economy in microeconomics, and the standard model of a game in game theory. An equilibrium in an abstract economy generalizes both a Walrasian equilibrium in microeconomics ...

  9. Esotropia - Wikipedia

    en.wikipedia.org/wiki/Esotropia

    Esotropia (from Greek eso 'inward' and trope 'a turning' [1]) is a form of strabismus in which one or both eyes turn inward. The condition can be constantly present, or occur intermittently, and can give the affected individual a "cross-eyed" appearance. [2] It is the opposite of exotropia and usually involves more severe axis deviation than ...