theoretical efficiency

  • 11Fuel efficiency — is a form of thermal efficiency, meaning the efficiency of a process that converts chemical potential energy contained in a carrier fuel into kinetic energy or work. Overall fuel efficiency may vary per device, which in turn may vary per… …

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  • 12Algorithmic efficiency — In computer science, efficiency is used to describe properties of an algorithm relating to how much of various types of resources it consumes. Algorithmic efficiency can be thought of as analogous to engineering productivity for a repeating or… …

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  • 13Fuel efficiency in transportation — This page describes fuel efficiency in means of transportation. For the environmental impact assessment of a given product or service throughout its lifespan, see life cycle assessment. Caveats Comparing Fuel efficiency in transportation is a bit …

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  • 14Pareto efficiency — Pareto efficiency, or Pareto optimality, is an important concept in economics with broad applications in game theory, engineering and the social sciences. The term is named after Vilfredo Pareto, an Italian economist who used the concept in his… …

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  • 15Economic efficiency — is used to refer to a number of related concepts. A system can be called economically efficient if: * No one can be made better off without making someone else worse off. * More output cannot be obtained without increasing the amount of inputs. * …

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  • 16Allocative efficiency — is a theoretical measure of the benefit or utility derived from a proposed or actual selection in the allocation or allotment of resources.[1][2] Although there are different standards of evaluation for the concept of allocative efficiency, the… …

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  • 17Seasonal energy efficiency ratio — The efficiency of air conditioners is often rated by the Seasonal Energy Efficiency Ratio (SEER) which is defined by the [Air Conditioning, Heating, and Refrigeration Institute] in its standard ARI 210=240, Performance Rating of Unitary Air… …

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  • 18Bayesian efficiency — addresses an appropriate economic definition of Pareto efficiency where there is incomplete information.Palfrey, Thomas R.; Srivastava, Sanjay; Postlewaite, A. (1993) [http://books.google.com/books?id=lZTls JJSxgC pg=PA14… …

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  • 19Economic Efficiency — A broad term that implies an economic state in which every resource is optimally allocated to serve each person in the best way while minimizing waste and inefficiency. When an economy is economically efficient, any changes made to assist one… …

    Investment dictionary

  • 20mechanical efficiency — ▪ physics       measure of the effectiveness with which a mechanical system performs. It is usually the ratio of the power delivered by a mechanical system to the power supplied to it, and, because of friction, this efficiency is always less than …

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