Sentence examples for welfare efficiency from inspiring English sources
The parties are even promising not to raise the main rates of any of the three taxes - income tax, VAT and national insurance - that account for two-thirds of all revenueInstead, the parties are relying on what he rightly calls "made-up" numbers on tax avoidance, unspecified cuts to welfare, efficiency savings and the rest.
Moreover, the DC-PM auction mechanism is superior to the MDC-PM auction mechanism with respect to participants' utilities and can maintain the strict lexicographic allocation order, and the MDC-PM auction mechanism outperforms the DC-PM auction mechanism in terms of welfare efficiency and platform's payoff.
Then, we compare the lost welfare (efficiency) of the resulting equilibrium with the real supply curve by calculating the area between the competitive supply curve and each curve.
This is, for instance, the case in Sweden (e.g., [64]) even though the Swedish legislation requires that transport policy should be formulated in terms of welfare efficiency (Prop. 2008/09 35, [60]).
Today's traffic noise policies are often influenced by guidelines for acceptable noise levels rather than welfare efficiency.18 To gain acceptance for the use of BCA among policy makers it is therefore important not only to provide monetary welfare measures but also to inform about strengths and weaknesses, policy implications of using different values, and potential use.
Consumer and producer behavior; general competitive equilibrium, welfare and efficiency, behavior under uncertainty, intertemporal allocation and capital theory, imperfect competition, elements of game theory, problems of information, economies with price rigidities.
It has led to a long debate about its welfare and efficiency effects.
In general, there is a trade-off between welfare and efficiency.
Risk selection is also harmful from a societal perspective, because it can create losses in welfare and efficiency [15].
More generally, market economic transactions are thought to add to overall welfare (economic efficiency), but only if they are performed freely, which includes their not being coerced.
The standard argument is that a minimum wage may exclude low-skill workers from employment and therefore may have adverse effects on both welfare and efficiency.
