In early versions of efficient-market theory, arbitrage trading by smart investors would have driven noise traders out of the market and kept prices efficient.
Numerous smart grids applications are expected to be developed for efficient management and utilization of electricity at the demand side such as home automation, Advanced Metering Infrastructure AMII), dynamic energy pricing, efficient load management, etc.
While media publishers and content producers are investing in a tech and data-centric future, they also accept and continue to operate in a business based on delivery of impressions at cost efficient prices.
Although many believe the responsibility of advertising and media is to drive sales, the reality is that media is compensated to generate targeted audience impressions, and media buyers are responsible for purchasing these impressions at the most cost efficient prices.
Price and efficient service are much more important for people interested in buying paper towels and bags of Snickers.
Defining QoS as a function of delay, power, and price, an efficient heuristic algorithm called MuSIC is proposed to maximize the mobile utilities while ensuring high-application QoS.
Unable to distinguish two from zero, our techie may hang on all the way to real zero, at every point providing more upside pressure on the price than "efficient market" theory would suggest.
Amazon has won millions of customers with a combination of low prices and efficient delivery.
This, by definition, is unpredictable (or "random").But why should prices be efficient?
