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Drug companies' pursuit of private gain results in an inefficient allocation of resources and a social loss.
Subsidized entry suppresses capacity prices and induces an inefficient allocation of capacity.
Such a situation might result in an inefficient allocation between work and leisure for this group.
At the aggregate level, overeducation could reflect skill mismatch and an inefficient allocation of workers to jobs.
In wireless networks, this results in an inefficient allocation where flows that experience bad radio conditions consume most radio resources.
This behavior leads to an inefficient allocation of resources in the federation, which may be "unattractive" for the minority region.
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The optimal rate of coverage was initially exceeded in the Basilicata region when the multicohort strategy of vaccination against HPV was used, achieving an actual inefficient allocation of resources between screening and vaccination, in favour of the second.
Spectrum utilization measurements over the years have indicated an inefficient spectrum allocation and usage with many unused or underused licensed bands over different space and time, for example, spectrum bands for TV broadcasting, resulting in considerable spectrum wastage [16 20].
Misunderstanding or underestimation of the impact of IPV on HRQOL could lead to inefficient allocation of resources from a health and social policy perspective of endeavoring to provide the greatest benefit from resources spent on prevention and intervention.
Bad ones lead not just to the inefficient allocation of capital but also to a loss of confidence in the markets and, when fraud is involved, to huge shareholder losses.
The consequence of either of these tools is inefficient allocation of scarce resources, leading to a potential loss of well-being to the population.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com