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Similar in spirit to the spectrum proposal, it boils down to a simple principle: To allocate resources efficiently, decision makers must make choices based on true market values.
Overall, four key services were found to be vital for an SIP Mall to attract customers and to allocate resources efficiently.
In his best-known book, The Best Use of Economic Resources (1959), Kantorovich demonstrated that even socialist economies must use prices, based on resource scarcity, to allocate resources efficiently.
At the same time, such mechanisms should reflect resource usage, allocate resources efficiently, reimburse costs or maximize service provision profits and lead customers to requesting services that will maximize their revenue.
SOEs' and PCs' management lacked the freedom, the incentives, and the expertise to allocate resources efficiently and effectively to alternative uses, as defined by central planners.
This is a huge problem because for any economy to become fully developed and economically sound, it needs stock markets that can allocate resources efficiently.
Similar(43)
Their primary role of raising capital, allocating resources efficiently and mitigating risk has been slowly but surely drowned out by a cacophony of frenetic speculation.
For finance to begin allocating resources efficiently again, the government must stop propping up Wall Street.
In this study, we proposed heuristic algorithm that performs task scheduling and allocates resources efficiently in cloud computing environments.
On the one hand, information asymmetry is considered as a major source of market failures because it affects the quality of innovative goods and services available on the market and disturbs the process of allocating resources efficiently.
Allocating resources efficiently requires an economic mind and a disciplined hand.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com