We would like to take a socially optimal action profile .

As a result, they say, manufacturers may not produce the socially optimal level of goods.

It turned out not to be socially optimal, but that is a different issue.

The auction system assigns the items in a socially optimal manner.

In economic terms, these agents are producing less than their socially optimal output.

We had a financial crisis last fall which was socially not optimal.

Before moving on, let us pause to consider what is meant by the term "socially optimal".

As a result, the socially optimal production level would be greater than that observed.

We mean that the market conditions are not producing a socially optimal allocation of resources.

Since these assets are considered safe, it is socially optimal for banks to invest more at a lower cost.