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X-inefficiency is a concept used in economics to describe instances where firms go through internal inefficiency resulting in higher production costs than required for a given output. This inefficiency is a result of various factors such as outdated technology, inefficient production processes, poor management and lack of competition resulting ...
Harvey Leibenstein (1922 – February 28, 1994) was a Ukrainian -born American economist. One of his most important contributions to economics was the concept of X-inefficiency and the critical minimum effort thesis in development economics. Concerning his critical minimum effort thesis, he claimed that the underdeveloped countries are trapped ...
This list of Internet top-level domains (TLD) contains top-level domains, which are those domains in the DNS root zone of the Domain Name System of the Internet.A list of the top-level domains by the Internet Assigned Numbers Authority (IANA) is maintained at the Root Zone Database. [1]
Pareto efficiency is mathematically represented when there is no other strategy profile s' such that ui (s') ≥ ui (s) for every player i and uj (s') > uj (s) for some player j. In this equation s represents the strategy profile, u represents the utility or benefit, and j represents the player. [6]
Efficiency is the often measurable ability to avoid making mistakes or wasting materials, energy, efforts, money, and time while performing a task. In a more general sense, it is the ability to do things well, successfully, and without waste. In more mathematical or scientific terms, it signifies the level of performance that uses the least ...
Qalaherriaq (c.1834 – 1856) was an Inughuit hunter from Cape York in northwestern Greenland. Born around 1834 and baptized Erasmus Augustine Kallihirua, he was taken aboard the British barque HMS Assistance in 1850 as an interpreter during the search for Franklin's lost expedition. He guided the ship to Wolstenholme Fjord to investigate ...
In Spain, an autonomous community (Spanish: comunidad autónoma) is the first sub-national level of political and administrative division, created in accordance with the Spanish Constitution of 1978, with the aim of guaranteeing limited autonomy of the nationalities and regions that make up Spain.
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