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Strong form efficiency |
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Strong 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.Strong form efficiency Similar MatchesEngineering efficiencyEngineering efficiencySee economic efficiency. Technical inefficiencyTechnical inefficiencySee X-efficiency. Economic efficiencyEconomic efficiencyThe extent to which a given set of resources is being allocated across uses or activities in a manner that maximizes whatever value they are intended to produce, such as output, market value, or utility. Contrasts with engineering efficiency, which focuses within a single activity on the output it produces per unit input. X-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). Riegle Neal Interstate Banking and Branching Efficiency Act of 1994Riegle Neal Interstate Banking and Branching Efficiency Act of 1994Law permitting interstate banking in the US Further SuggestionsEfficiency locusMarginal efficiency of capital Pricing efficiency Capital market efficiency Informational efficiency Informational efficiency Semistrong form efficiency Efficiency Allocative efficiency Efficiency Allocational efficiency |
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