Examples of Dynamic efficiency in a sentence
Dynamic efficiency incorporates efficiencies flowing from innovation leading to the development of new services, or improvements in production techniques.
Dynamic efficiency therefore almost always requires a deviation from prices set at marginal cost.The differences between static and dynamic efficiency are the larger, the more important innovations and (other) specific investments, i.e. sunk costs, are and the higher the uncertainty associated with innovation and specific investments is.
Dynamic efficiency, or improving of social welfare through technological advancement, is the Holy Grail of antitrust policy.86 Dynamic efficiency is responsible for most economic growth and consumer welfare.87 Gains from rewarding innovation easily swamp static efficiency from increased price competition.88 The opposite is true: stifling innovation harms the economy more than stifling price competition.
This is true when decisions are made based on price and output.178 Dynamic efficiency complicates measuring market power, assessing competitive effects, and formulating remedies.
Dynamic efficiency refers to gains that result from entirely new ways of doing business.
Dynamic efficiency therefore ensures that there is a linkage between demand forecast and current and future investment levels.
Dynamic efficiency recognizes that over time there is the ability to innovate and invest leading to superior allocative and productive outcomes.
With respect to the Internet, the spillover benefits in this regard are very significant.3 Dynamic efficiency requires creating conditions to promote the appropriate level of innovation leading to economic growth.
Dynamic efficiency is a critical element of the performance of an economy.
Dynamic efficiency will be promoted by an access price that provides a normal(risk-adjusted) commercial return on investments and does not distort the ‘build or buy’ decision.