Sentence examples for theory of efficiency from inspiring English sources

Perhaps her most famous paper, which she co-wrote in 1986 with her husband, George Akerlof, a Nobel-winning economist, was about the theory of "efficiency wages".

The theory of "efficiency wages" says that firms which cannot monitor workers' efforts well should instead pay high wages to make it costlier for them to risk being sacked.

The theory of "efficiency wages" says that well-paying firms can induce staff to work harder by improving morale or by making it costlier for them to risk being sacked.

This result is consistent with the theory of efficiency wages (Akerlof 1982; Stiglitz 1986; Campbell and Kamlani 1997).

It is possible that I'm wrong and that the theories of efficiencies on global design and production really will be viable.

The theory of the "efficiency wage", developed with her husband and future Nobel laureate George Akerlof, posited that workers who felt poorly paid were less productive.

This can easily be explained by the theory of market efficiency.

Based on the theory of energy efficiency developed it can be achieved through three main factors; a) building design; b) services design; and c) occupant behavior.

Production efficiency models (PEMs) are based on the theory of light use efficiency (LUE) which states that a relatively constant relationship exists between photosynthetic carbon uptake and radiation receipt at the canopy level.

Financial economists, meanwhile, formalised theories of the efficiency of markets, fuelling the notion that markets would regulate themselves and financial innovation was always beneficial.

Theories of economic efficiency also have some explanatory power regarding network formation.