I am mainly motivated by the question regarding how to evaluate the goodness of an inequality $$f(x) \leq g(x), \text{ }\forall \text{ }x.$$
The first approach is using numerical evaluations to compare $f(x)$ and $g(x)$ by sampling many different $x$ values.
Another approach is to use the concept of 'sharp inequalities'. There are several questions already regarding sharp inequalities, e.g., this question and this one. It is clear that the inequality is sharp if $\exists$ $x_0$ such that $f(x_0) =g(x_0)$. Some people call such a bound `best possible'.
However, what if we could find another function $f_2$ such that $f(x) \leq f_2(x) \leq g(x), \text{ }\forall \text{ }x$, and $\exists$ $x_1 \not= x_0$ such that $f(x_1) < f_2(x_1)$? In this case, both $f$ and $f_2$ are sharp lower bounds for $g$; however, it seems that $f_2$ is 'better' than $f$, as $f(x_1) < f_2(x_1)$.
To define the notion of 'being better' above, we clearly cannot use the concept of 'sharpness', as both bounds are sharp. Then what concept should we use here? Should we say that $f_2$ is a 'tighter' lower bound than '$f$'? How is the concept of 'being tight' or 'tighter' formally defined?
Are there other ways to analyze whether $f$ is a good lower bound for $g$?
It would be much appreciated if references are also provided.