Notice that the 50% of consumers in the inefficient market
will not switch because the utility gain would be only $96 (per unit of mass), while the cost is assumed to be $124 (per unit of mass).
In more technically precise terms, analyzing comparable sales drawn from inefficient markets
, where general linear relatedness and specific nonlinear variance occur, suggests the need for a statistic that avoids imposing linear assumptions on nonlinear and contradictory variances.
The MPT marketplace is basically efficient, but ETIs are bred of inefficient markets
Viewing the Soviet Union as an inefficient market
created a type-two statistical error that accepted a false null hypothesis.
The disaggregation of the old Western Power resulted in an oversupply of power production and an inefficient market
structure, which ended up costing the State and ultimately households, hundreds of millions of dollars every year, he said.
Our opportunity sets are non-agency mortgages and corporate structured credit, both inefficient markets
, where our proprietary analytics provide a unique advantage in finding undervalued optionality.
Roger Farmer, University of California, Los Angeles and NBER, and Carine Nourry and Alain Venditti, University of the Mediterranean, "The Inefficient Markets
Hypothesis: Why Financial Markets Do Not Work Well in the Real World" (NBER Working Paper No.
Named one of the world's top 40 international development innovators, DAI works on the frontlines of international development, tackling fundamental social and economic development problems caused by inefficient markets
, ineffective governance, and instability.
However, Lebanon has inefficient markets
, and banks do not play a real role in lending to productive sectors at low interest rates and with facilitating terms.
A cottage industry, where inefficient markets
made the opportunities afforded to investors that much easier to access, has matured into a professional, highly competitive global business that can now command the top talent from within financial services.
And any global GHG abatement strategy must confront the problems of weak legal systems, corruption, and inefficient markets
that Bell highlights.
eBay and other innovators will continue to apply new technologies to inefficient markets