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Human attention is a scarce resource — the neural effects of depression make sure the resource is efficiently allocated.
In this ideal Western world capital is efficiently allocated and politics and commerce are neatly isolated from one another to create a stable system.
In a system of unlimited international trading, abatement is efficiently allocated across countries, but tax shifting can still be achieved through intra-firm transfer pricing.
The MPK calculations also rely on the assumption that capital is efficiently allocated within the economy, or that MPK is equalized across sectors.
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Efficient dynamic spectrum allocation: In CWNs, if spectrum resources are efficiently allocated, not only the average network throughput can be increased and collisions among different SUs can be reduced, but also the fairness can be improved.
The U.S. has enjoyed 25 years of strong economic growth, in part because capital has been efficiently allocated to companies that can use it well.
It also functions, in theory at least, as capitalism's central institution of corporate governance, both disciplining managers and ensuring that the economy's resources are efficiently allocated.
Only by allowing banks and companies that squander money to fail will capital be efficiently allocated and returns for savers rise.
Prices of securities provide signals that assist managers in making investment decisions and households in making savings decisions, helping to ensure that funds are efficiently allocated.
The spectrum has to be efficiently allocated in the femtocell network to mitigate the interference problem.
How could that agency of government, I asked myself, be efficiently allocating its own scarce resources if it chose to attack a merger between two banks as small as those involved in this case?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com