entity · derived
Economic efficiency
Derived node: assembled mechanically from the claims carrying economic-efficiency. A roster, not an adjudicated definition.
Every claim under this term
- 3782205-006 : The eight institutions are necessary conditions for business, which grinds to a halt without them, yet when they run well they consume only a tiny fraction of the economy's resources.
- 4900878-011 : In a quantum game model of a two firm market, monopoly emerges once informational asymmetry passes a threshold, and the result is lower total quantity and reduced economic efficiency.
- 4900880-016 : In a quantum game model of a market with informational asymmetry between two firms, monopoly emerges once the informational asymmetry passes a threshold, and total quantity and economic efficiency fal