criterion of efficiency

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• Kaldor-Hicks efficiency — (named for Nicholas Kaldor and John Hicks) is a measure of economic efficiency that captures some of the intuitive appeal of Pareto efficiency, but has less stringent criteria and is hence applicable to more circumstances. Under Kaldor Hicks… …   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

• Algorithmic efficiency — In computer science, efficiency is used to describe properties of an algorithm relating to how much of various types of resources it consumes. Algorithmic efficiency can be thought of as analogous to engineering productivity for a repeating or… …   Wikipedia

• Lawson criterion — In nuclear fusion research, the Lawson criterion, first derived on fusion reactors (initially classified) by John D. Lawson in 1955 and published in 1957,[1] is an important general measure of a system that defines the conditions needed for a… …   Wikipedia

• Bayesian information criterion — In statistics, in order to describe a particular dataset, one can use non parametric methods or parametric methods. In parametric methods, there might be various candidate models with different number of parameters to represent a dataset. The… …   Wikipedia

• Battle Efficiency Award — The Battle Efficiency Award, commonly known as the Battle E is awarded annually to the small number of U.S. Navy ships, submarines, aviation and other units that win their battle efficiency competition.The criterion for the Battle Efficiency… …   Wikipedia

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• economic systems — Introduction       the way in which humankind has arranged for its material provisioning. One would think that there would be a great variety of such systems, corresponding to the many cultural arrangements that have characterized human society.… …   Universalium

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