Topic summary
Maximal element

Extracted from the Wikipedia article Maximal and minimal elements.
Examples
- In Pareto efficiency, a Pareto optimum is a maximal element with respect to the partial order of Pareto improvement, and the set of maximal elements is called the Pareto frontier.
- In decision theory, an admissible decision rule is a maximal element with respect to the partial order of dominating decision rule.
- In modern portfolio theory, the set of maximal elements with respect to the product order on risk and return is called the efficient frontier.
- In set theory, a set is finite if and only if every non-empty family of subsets has a minimal element when ordered by the inclusion relation.
- In abstract algebra, the concept of a maximal common divisor is needed to generalize greatest common divisors to number systems in which the common divisors of a set of elements may have more than one maximal element.
- In computational geometry, the maxima of a point set are maximal with respect to the partial order of coordinatewise domination.