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efficiency frontier

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  • Efficiency Movement — Part of the Politics series on Progressivism Schools American Progressivism Modern liberalism Progressive education Ideas Anti racism Civil liberties …   Wikipedia

  • Production–possibility frontier — In economics, a production–possibility frontier (PPF), sometimes called a production–possibility curve or product transformation curve, is a graph that compares the production rates of two commodities that use the same fixed total of the factors… …   Wikipedia

  • Pareto efficiency — Pareto efficiency, or Pareto optimality, is an important concept in economics with broad applications in game theory, engineering and the social sciences. The term is named after Vilfredo Pareto, an Italian economist who used the concept in his… …   Wikipedia

  • Production-possibility frontier — In economics, a production possibility frontier (PPF) or “transformation curve” is a graph that shows the different rates of production of two goods that an economy (or agent) could efficiently produce with limited productive resources. Points… …   Wikipedia

  • Stochastic Frontier Analysis — is a method of economic modeling. It has its starting point in the stochastic production frontier models simultaneously introduced by Aigner, Lovell and Schmidt (1977) and Meeusen and Van den Broeck (1977).The production frontier model without… …   Wikipedia

  • New Frontier — For other uses, see New Frontier (disambiguation). Part of the Politics series on Progressivism Schools American Progressivism Modern liberalism Progressive education Ideas …   Wikipedia

  • Allocative efficiency — is a theoretical measure of the benefit or utility derived from a proposed or actual selection in the allocation or allotment of resources.[1][2] Although there are different standards of evaluation for the concept of allocative efficiency, the… …   Wikipedia

  • Electronic Frontier Foundation — Infobox Company name = Electronic Frontier Foundation type = non profit organization foundation = 1990, U.S. location = San Francisco, California key people = industry = Law num employees = products = revenue = net income = homepage = [http://www …   Wikipedia

  • Production Efficiency — 1. An economic level at which the economy can no longer produce additional amounts of a good without lowering the production level of another product. This will happen when an economy is operating along its production possibility frontier. 2. The …   Investment dictionary

  • Equity-Efficiency Tradeoff — An economic situation in which there is a perceived tradeoff between the equity and efficiency of a given economy. This tradeoff is commonly viewed within the context of the production possibility frontier, where any additional gains in… …   Investment dictionary

  • Productive efficiency — occurs when the economy is operating at its production possibility frontier (PPF). This takes place when production of one good is achieved at the lowest cost possible, given the production of the other good(s). Equivalently, it is when the… …   Wikipedia

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