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Marginal efficiency of capital |
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Marginal efficiency of capitalThe percentage yield earned on an additional unit of capital.Marginal efficiency of capital Similar MatchesX-efficiencyX-efficiencyThe 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). Pricing efficiencyPricing efficiencyAlso called external efficiency; a market characteristic that prices at all times fully reflect all available information that is relevant to the valuation of securities. EfficiencyEfficiencySee economic efficiency. Strong form efficiencyStrong form efficiencyA 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. Informational efficiencyInformational efficiencyThe speed and accuracy with which prices reflect new information. Further SuggestionsRiegle Neal Interstate Banking and Branching Efficiency Act of 1994Efficiency Semistrong form efficiency Capital market efficiency Efficiency locus Technical inefficiency Engineering efficiency Allocational efficiency Allocative efficiency Economic efficiency Informational efficiency |
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