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Add to that the wide range of content, the varying quality of that content and its relative availability and you get inefficiency.
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"Managed care may get inefficiencies out of the system and can reduce the level of health care costs," Mr. Chernew said, "but it does not necessarily slow the rate of growth in costs to a sustainable rate.
But traditional manufacturers and service providers can't wait much longer to get inefficiencies out of distribution.
So it's kind of an important economic fact that's missing from 115 and unfortunately missing from this class, but if we go to a more real world setting in which people's values are not known, not only are the offers not accepted immediately and not only is there some inequity in that the poor tend to be more impatient and do less well, but also you get bad inefficiency.
Alibaba uses instant online micro-loans to grow its vendor base and get around inefficiencies in China's financial markets.
In announcing the appointment, Mr. Lindsay said, "Mr. Terenzio is being asked to do whatever major surgery he has to do to get rid of inefficiency and waste".
In the early days of microfinance, lenders could get away with inefficiency by cherry-picking customers who were both desperate and capable of repaying loans bearing exorbitant interest rates.
As residents get tired of these inefficiencies, they're expressing their anger – and pointing to the breakdown of Cuban socialism.
8. (SBU) One way to get around the operational inefficiencies would be to have American oil-field service companies license and manufacture their products in Russia.
All this is on the presumption that the industries behave in an economic and efficient manner – if not they do not get paid for their inefficiencies.
He said moving a drilling rig from one site to another, a process that might take 7 or 8 hours in Canada, takes 28 DAYS in Russia -- "multiply that by hundreds or thousands and you can start to imagine the costs to the economy". 8. (SBU) One way to get around the operational inefficiencies would be to have American oil-field service companies license and manufacture their products in Russia.
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