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In the business press, they actually said, 'This idea might be efficient and rational.
Bureaucracies have flourished because their efficient and rational division and application of labour is powerful.
The field rests on the assumption that people pursue what they want in the most efficient and rational way possible.
My new paper considers another possibility: Worthless companies can trade for large positive values in efficient and rational markets.
Turner backed the coalition government's plans to tear up the FSA as he launched a stinging critique of the approach taken by regulators around the world in relying on "supposedly efficient and rational markets always to produce good results".
As a key result, the produced renewable energy is partially self-consumed, what allows for a more efficient and rational use of energy in buildings.
Similar(34)
But were markets truly efficient and rational-that is, could they reliably capture the impact of political controversy on firm performance?
While we can debate what responsibilities government should undertake, we can all agree that government should be more streamlined, efficient, cost effective, and rational.
The mainstream economics profession is still devoted to efficient markets and rational expectations for several reasons.
David Mitchel/EnCana Professor Haskayne School of Business University of Calgary Calgary, Alberta In trying to answer the question "How Did Economists Get It So Wrong?" Paul Krugman needsto go farther than questioning the concepts of efficient markets and rational economic behavior.
By drawing on insights from Critical Resource Geography, I highlight the ways that the ORRRC systematically accounted for and categorized recreational resources, creating a "patchwork landscape" that zoned outdoor recreational resources and promoted efficient use and rational resource conservation.
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