EfficiencySee economic efficiency.
EfficiencyThe degree and speed with which a market accurately incorporates information into prices.
Allocational efficiencyAllocational efficiency
The effectiveness with which a market channels capital toward its most productive uses.
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 efficiencyInformational efficiency
The speed and accuracy with which prices reflect new information.
Strong form efficiencyStrong 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 efficiencyCapital market efficiency
The degree to which the present asset price accurately reflects current information in the market place. See: Efficient market hypothesis.
Further SuggestionsPricing efficiency
Marginal efficiency of capital
Riegle Neal Interstate Banking and Branching Efficiency Act of 1994
Semistrong form efficiency