Efficiency

 

Home
Site Map
Add Term
Search
About Us
Contributors

Efficiency

See economic efficiency.

Efficiency

The degree and speed with which a market accurately incorporates information into prices.



Efficiency

Similar Matches

Allocational efficiency

Allocational efficiency

The effectiveness with which a market channels capital toward its most productive uses.


X-efficiency

X-efficiency

The ability of a firm to get maximum output from its inputs. Failure to do so, called X-inefficiency or technical inefficiency, may be due to lack of incentives provided by competition. Improvement in X-efficiency is one hypothesized source of gain from trade. Term is due to Leibenstein (1966).


Informational efficiency

Informational efficiency

The speed and accuracy with which prices reflect new information.


Strong form efficiency

Strong form efficiency

A form of pricing efficiency, that posits that the price of a security reflects all information, whether or not it is publicly available. Related: Weak-form efficiency, semi-strong form efficiency.


Capital market efficiency

Capital market efficiency

The degree to which the present asset price accurately reflects current information in the market place. See: Efficient market hypothesis.


Further Suggestions

Pricing efficiency
Marginal efficiency of capital
Economic efficiency
Technical inefficiency
Riegle Neal Interstate Banking and Branching Efficiency Act of 1994
Allocative efficiency
Informational efficiency
Engineering efficiency
Efficiency locus
Semistrong form efficiency


 
All rights Reserved. Do not copy without permission.