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Based on the informativeness principle of the principal agent model, we claim that franchisees are not such an expensive financial tool as has been argued in the literature because their compensation (return) is more efficiently designed: it directly depends on variables which are under franchisees' control.
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Finally, we show how student loan programs can be more efficiently designed to address heterogeneity in parental transfers in the presence of non-monetary earnings verification costs and moral hazard.
As countries make commitments to move towards universal coverage and have to make choices about the appropriate financing mix to meet these objectives, understanding the economic cost of CBHI and the relative cost of different administrative activities is especially pertinent, to ascertain how such schemes can be more efficiently designed, and whether such schemes are financially viable.
In this way, the medical care of patients could be supported and more efficiently designed using innovative outpatient treatment options such as psycho-education, specialist nursing care, sociotherapy, treatment provided by visiting the patient at home and care provided by caregivers.
Then there is the savings associated with a more efficiently designed home, and shared upkeep costs.
It is argued that proof-of-principle and add-on proof-of-efficacy trials of a new drug are more efficiently undertaken using a cross-over design but that subsequent evaluation will require the versatility of trials with a parallel-group design.
Also, certain metallurgical reactions, for reasons of equipment design and operation, are more efficiently performed in the ladle.
Classified ads are more efficiently delivered by websites.
Labour's voters are more efficiently distributed than Conservative voters.
The information would be more efficiently presented as text.
It can be used to more efficiently design micromechanical devices with tailor-made Q-factors for specific applications.
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CEO of Professional Science Editing for Scientists @ prosciediting.com