- economy efficiency principle
- Econthe principle that if an economy is efficient, no one can be made better off without somebody else being made worse off
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economy efficiency principle
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Economy of the People's Republic of China — Economies of Special Administrative Regions of Hong Kong and Macau are administered separately from the rest of People s Republic of China. Therefore, the information below pertains only to mainland China unless specified otherwise. For the… … Wikipedia
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Economy of scale — Economies of scale are the cost advantages that a firm obtains due to expansion. Economies of scale may be utilized by any size firm expanding its scale of operation. The common ones are purchasing (bulk buying of materials through long term… … Wikipedia
Maximum power principle — in Energy Systems Language adapted from Odum and Odum 2000, p. 38 The maximum power principle has been proposed as the fourth principle of energetics in open system thermodynamics, where an example of an open system is a biological cell.… … Wikipedia
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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
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
Distributive efficiency — In welfare economics, distributive efficiency occurs when goods and services are received by those who have the greatest need for them. Abba Lerner first proposed the idea of distributive efficiency in his 1944 book The Economics of Control.… … Wikipedia
Polluter pays principle — Environmental law … Wikipedia
Emergy — The term Emergy was originally coined by David M. Scienceman in collaboration with the late Howard T. Odum. H.T.Odum used emergy to mean both sequestered energy and emergent property of energy use [ H.T.Odum, 1988,… … Wikipedia
