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allocative efficiency

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  • 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

  • Efficiency — as a technical term may refer to: * Algorithmic efficiency, optimizing the speed and memory requirements of a computer program * Efficient energy use, useful work per quantity of energy ** Energy conversion efficiency, desired energy output per… …   Wikipedia

  • allocative — ˈ ̷ ̷ ̷ ̷ˌkād.iv, ātiv adjective : serving to allocate an allocative analysis determination of allocative efficiency Julius Margolis …   Useful english dictionary

  • X-efficiency — In economics, x efficiency is the effectiveness with which a given set of inputs are used to produce outputs. If a firm is producing the maximum output it can, given the resources it employs, such as men and machinery, and the best technology… …   Wikipedia

  • Economic efficiency — is used to refer to a number of related concepts. A system can be called economically efficient if: * No one can be made better off without making someone else worse off. * More output cannot be obtained without increasing the amount of inputs. * …   Wikipedia

  • Dynamic efficiency — is a term in economics, which refers to an economy that appropriately balances short run concerns (static efficiency) with concerns in the long run (focusing on encouraging research and development).[1] Through dynamic efficiency, such an economy …   Wikipedia

  • Financial market efficiency — is an important topic in the world of Finance. While most financiers believe the markets are neither 100% efficient, nor 100% inefficient, many disagree where on the efficiency line the world s markets fall. The main theories describing how… …   Wikipedia

  • Эффективность распределения ресурсов — ALLOCATIVE EFFICIENCY Эффективность распределения ресурсов. Оптимальное распределение редких ресурсов с целью обеспечения производства такого сочетания товаров и услуг, которые более всего соответствует потребительскому спросу.  Распределение… …   Словарь-справочник по экономике

  • Аллокационная эффективность — (ALLOCATIVE EFFICIENCY) ситуация, при которой цена товара (услуги), выплачиваемая при его покупке, в точности равна предельным издержкам производства последней единицы этого товара (услуги). В банковском деле эффективность, достигаемая, когда… …   Современные деньги и банковское дело: глоссарий

  • Law and economics — Law and Economics, or economic analysis of law is an approach to legal theory that applies methods of economics to law. It includes the use of economic concepts to explain the effects of laws, to assess which legal rules are economically… …   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

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