Example of efficiency economics
[DOC File]The Kaldor-Hicks (KH) efficiency criteria have now existed ...
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For example, Zerbe (1998, 2001a) suggests standing should be denied to thieves to have the value of stolen goods to them count, except where the law of theft is itself being considered (Zerbe, 1991, 2001a). ... KH is the standard measure of normative efficiency in economics.
[DOC File]What is environmental economics
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For example, if a stream is polluted by runoff from agricultural land, the people downstream suffer a negative external cost or externality. The assumption in environmental economics is that the environment provides resources (renewable and non-renewable), assimilates waste, and provides aesthetic pleasure to humans.
[DOC File]The broad social goals that relate to economics
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An economy may possess productive efficiency in producing good A, for example, but if consumers do not want good A and prefer good B instead, then it would not be allocatively efficient to produce good A. Economics or allocative efficiency is a broader concept than productive efficiency.
[DOC File]Evolution, Efficiency and Ethics - a Plausible Convergence
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Posner’s primary work has been in economics and law, where he has argued that economic factors from prehistory through the present have driven the historical development of case law. In a few places, notably The Economics of Justice (1981), Posner has advocated economic efficiency as a basis for ethical rules as well as legal rules, and has ...
[DOC File]Energy Efficiency Assessment Report Format
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The UPS system typically represents an efficiency opportunity in most data centers. In this data center, the UPS was on an average loaded to approximately XX% of its rated capacity. Since UPS efficiency is higher at higher load factors, loading to 50% total for 2N system or 40% for each module is good from an efficiency point of view.
[DOCX File]Economics of Utility Investment in Energy Efficiency ...
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Economics of Utility Investment in Energy Efficiency Technologies and Smart Infrastructure for Utility-Owned Street Lights Many jurisdictions around the country have implemented LED street light upgrade projects, providing energy savings, improving lighting quality, and saving money for the municipal governments that pay the energy bills.
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