Title:

On the ways of formalization and interpretation of the notion of “efficiency” – introductory remarks and some examples

Group publication title:

Mathematical Economics

Title in english:

O sposobach formalizacji i interpretacji pojęcia efektywności – wstępne rozważania i niektóre przykłady

Creator:

Rybicki, Wojciech

Subject and Keywords:

efficiency ; effectiveness ; economy ; basis-type efficiency ; sup-type-efficiency ; allocation ; stochastic orders

Description:

Mathematical Economics, 2010, Nr 6 (13), s. 75-102

Abstrakt:

In the paper we consider selected formal models, coming from the field of “pure” mathematics, as well as from some related areas, in which the notion “efficiency” appears. The presented essay may be seen as a continuation, development and (at the same time) specification of same ideas discussed in the previous article of the author: On manysideness, relativity and complexity of the “efficiency” (as a category) (in Polish: O wielostronności, relatywizmie i złożoności kategorii efektywności). In addition to the proposals formulated in the above cited paper (concerning the classification and explanation of various “kinds” of efficiency) we introduce some new ways of meaning of this term, which we suggest to call: (a) basis-type efficiency, (b) sup (inf)-type efficiency, we also define and shortly discuss the following three types of efficiency, related to partial (pre)orders and formal logics, (c) informative capacity (reflecting the “richness” of an information contained in formulas defining given order), (d) linear similarity – efficiency (expressing a “distance of the (pre)order from the linear part” of the order in mind), (e) logical efficiency. In the final part we put together (and compare) “official” terms denoting “efficiency” and related notions presently functioning in economics, management and praxeology. The further forms of the meaning of notion “efficiency” are discussed in the “twin” paper submitted for publication in the present issue of Mathematical Economics.

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2010

Resource Type:

artykuł

Format:

application/pdf

Language:

eng

Relation:

Mathematical Economics, 2010, Nr 6 (13)

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu