efficient allocation of resources
91Participatory economics — Participatory economics, often abbreviated parecon, is a proposed economic system that uses participatory decision making as an economic mechanism to guide the production, consumption and allocation of resources in a given society. Proposed as an …
92Performance measurement — with a process is the complement to process execution. Based on measured performance, the feedback control loop may be closed. The metrics to assess performance is set according to a determined econometric model. The expected best result is… …
93Hurwicz, Leonid — ▪ 2009 Russian born American economist born Aug. 21, 1917, Moscow, Russia died June 24, 2008, Minneapolis, Minn. shared (with Eric S. Maskin and Roger B. Myerson) the 2007 Nobel Prize for Economics for his formulation of mechanism design… …
94Nobel Prize winners by name — ▪ Table Nobel Prize winners by name A B C D E F G H I J K L M N O P Q R S T U V W Y Z A name year category country* achievement literary area Abrikosov, Alexey A. 2003 physics U.S. discoveries… …
95Nobel Prize winners by category (economics) — ▪ Table Nobel Prize winners by category (economics)* year name country** achievement 1969 Frisch, Ragnar Norway work in econometrics Tinbergen, Jan The Netherlands work in econometrics 1970 Samuelson, Paul U.S. work in scientific analysis of… …
96Nobel Prize winners by year — ▪ Table Nobel Prize winners by year 1901–10 1941–50 1981–90 1911–20 1951–60 1991–2000 1921–30 1961–70 2001–08 1931–40 1971–80 1901–10 year category name country* achievement literary area 1901 chemistry Henricus van t (Hoff, Jacobus Henricus van… …
97Non-convexity (economics) — In economics, non convexity refers to violations of the convexity assumptions of elementary economics. Basic economics textbooks concentrate on consumers with convex preferences (that do not prefer extremes to in between values) and convex budget …
98Arms Reduction Coalition — The Arms Reduction Coalition (ARC) is a United Kingdom based non profit non governmental organization which campaigns for a reduction in the resources spent on arms and the military and for those resources to be divereted to programmes that… …
99Conditional budgeting — is a budgeting approach designed for companies with fluctuating income, high fixed costs, or income depending on sunk costs, as well as NPOs and NGOs. The approach builds on the strengths of proven budgeting approaches, leverages the respective… …
100ICL VME — This article is about the operating system. VME may also refer to the VMEbus computer bus. Virtual Machine Environment Company / developer International Computers Limited, Fujitsu Programmed in S3, C Initial release mid 1970s Supported… …
