Pareto efficiency‚ or Pareto optimality‚ is a central theory in economics with broad applications in game theory‚ engineering and the social sciences. Given a set of alternative allocations and a set of individuals‚ a movement from one alternative allocation to another that can make at least one individual better off‚ without making any other individual worse off is called a Pareto improvement or Pareto optimization. An allocation of resources is Pareto efficient or Pareto optimal when no further
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Outline I. Introduction A. The affects of air pollution is a worldwide issue and it will not be fixed by only a few people “going green”. By educating one’s self on the facts and cutting dangerous emissions the environment as well as the human race may be better off. II. Air pollution is an unavoidable and invisible danger to not only humans‚ but the ecosystem as well. A. Health and Environmental effects 1. “One of the most prevalent and commonly known effects of air pollution is damage
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Efficiency Ratios The efficiency ratio is an indicator of how well Johnson and Johnson (J&J) is run on an organizational wide basis. Efficiency ratios are also defined as asset turnover ratios (Finkler‚ Kovner & Jones‚ 2007). The asset turnover ratio measures how productive J&J is in managing all of its assets to generate Sales. This efficiency ratio is calculated by dividing sales by total assets by total revenue. For year 2010‚ J&J had an asset turnover of 0.6. Comparing J&J’s
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Care Union Management Pareto Low Low 0 3 Yes Low High 15 2 Yes High Low 5 1 No High High 20 0 Yes Option three‚ high pension and low health care is Pareto inefficient. You can see that visually in the graph (it is below the line of efficiency) and in the chart as well. It is Pareto efficient because both parties stand to gain from an alternative- the union would gain ten points if they moved to low pension and management would gain one. c. As you can see‚
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reserved. Article history: Received 8 July 2011 Accepted 1 April 2012 Available online 6 April 2012 JEL classification: G12 G14 G17 Keywords: Return predictability Generalized spectrum Autocorrelation Causality Nonlinearity Bond pricing Market efficiency 1. Introduction One of the most enduring issues in finance and economics is the question of
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Effective Digital Bangladesh: concepts‚ values perspectives of Third world We all love our country Bangladesh. As a Bangladeshi‚ we have different perception‚ religious beliefs‚ and contingency of thoughts‚ available information and correcting response of emerging issues‚ which are affecting our personal life with changing the environmental. Now all of the Bangladeshi people have been known the emerging concept “Digital Bangladesh Vision 2021”in this Informational age. Digital Bangladesh: Young Generation
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ABUL KHAIR STEEL PRODUCTS LTD: Company Case Study ABUL KHAIR STEEL PRODUCTS LIMITED COMPANY DESCRIPTION Abul Khair Steel Products Ltd (AKSP) is a newly established large metal finishing plant in Bangladesh‚ that produces a range of steel products‚ such as cold rolled (CR) coils‚ galvanized steel (GS) sheets and corrugated galvanized iron (CGI) sheets. AKSP was established in 1999 as a private limited company and currently employs about 650 staff‚
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ASA Bangladesh Research Brief History of ASA ASA stands for Association for Social Advancement‚ which is a non-governmental organization aiming at helping poor people to get out of poverty. Bangladesh earned its independence in 1971‚ but because of the war‚ the whole country needed to be reconstructed. The unstable and bureaucratic political system slowed down the speed of economic development. In the meantime‚ some small non-governmental organizations stepped into Bangladesh to help the local
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“Bangladesh Railways: Problems & Prospects and Its Importance to the Development in Tourism Industry” Submitted to : Mr. Saud Ahmed Lecturer Department of Tourism and Hospitality Management Faculty of Business Studies University of Dhaka Submitted By : The WhizzKidz Name Roll
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1. Introduction 1.1 Unilever Global Unilever is an Anglo-Dutch Multinational Corporation. It has a history of colonial exploitation‚ under which it has built its capital gradually. Today it owns much of the world’s consumer brands in food‚ home care and personal care. Unilever employs were more than 247‚000 people and the achieved a worldwide revenue of €48 760 million in 2002. Unilever has also two headquarters. One is Unilever PLC in London UK and another one is Unilever NV in Rotterdam‚ Netherlands
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