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But law firms that are sub-scale and inefficient risk ruin.
If the public costs are low while the private costs are high, this may indicate a concrete problem of environmental or energy externalities, or inefficient risk assignment.
If losses and profits are taxed asymmetrically, fixed salaries become less attractive as loss-offset restrictions can exacerbate the inefficient risk allocation between principal and agent (Niemann 2011).
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Cash is an inefficient risk-reduction tool: it achieves its goal at too high a price.
Cash is an inefficient risk-reduction tool because it achieves its goal at too high a price.
The move seemed to be part of the government's effort to force state banks to cut lending to inefficient or risk-laden programs favored by local officials and politically connected investors, many of them state-owned companies.
The widely adopted Hospital at Night system for out of hours working is inefficient and risks introducing error.
Joining the group would put some of Russia's most inefficient enterprises at risk, like farming and pharmaceutical companies, which will be subjected to stiff international competition.
Also, the Government Accountability Office regarded the F.A.A.'s procurement strategy generally as inefficient and "high risk," raising fears that the agency would never be able to see the program through to a finish.
This though risks inefficient programmes being prioritised.
Most of the Scandinavian countries have aligned their tax rates at 28%, thus reducing the risk of inefficient capital flows based purely on tax rates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com