But it would also undermine the efficient pricing of risk by providing insurance, after the event, for risky behaviour.
From longer driving times to the expansion of energy, food, goods, and services distribution systems, sprawl undermined the efficient use and delivery of resources.
The growth of financial markets, the deregulation of international capital markets, and the unprecedented availability of financial data gradually undermined the efficient market hypothesis.
While Australia has not experienced utility-scale renewable plants to date, there is no fundamental reason to believe these developments would undermine the efficient functioning of the market.
"The harm from incorrect assumptions, such as those found in the cost-effectiveness evaluations of COX-2s, is that they undermine the efficient allocation of scarce health care resources," she added at the time.
The loss of the phosphate burst and actin-activated ATPase indicates the phosphate release step is no longer rate limiting undermining the efficient energy transduction in muscle because the ATPase cycle disengages from the work producing interaction with actin.
"Apathy, indifference and complacency — apparent even during some of our interviews with care givers — undermined the effective, efficient and high-quality delivery of emergency services," wrote the inspector general, Charles J. Willoughby.
Summers produced a body of work that undermined the efficient-market hypothesis, or E.M.H.
Relatively simple, avoidable cost structures can undermine the trading efficiency of otherwise efficient competitive market institutions.
Specifically, Mr Lo argues that the American watchdog, the Securities and Exchange Commission, should get more data on hedge-fund positions and should undertake an "air safety review" when individual funds go bust.What about the thought that hedge funds undermine the idea of efficient markets?
