Maximum power principle — in Energy Systems Language adapted from Odum and Odum 2000, p. 38 The maximum power principle has been proposed as the fourth principle of energetics in open system thermodynamics, where an example of an open system is a biological cell.… … Wikipedia
Pareto 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… … Wikipedia
Allocative 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… … Wikipedia
Exergy efficiency — (also known as the second law efficiency or rational efficiency) computes the efficiency of a process taking the second law of thermodynamics into account.MotivationFrom the second law of thermodynamics it can be demonstrated that no system can… … Wikipedia
Kaldor-Hicks efficiency — (named for Nicholas Kaldor and John Hicks) is a measure of economic efficiency that captures some of the intuitive appeal of Pareto efficiency, but has less stringent criteria and is hence applicable to more circumstances. Under Kaldor Hicks… … Wikipedia
Compensation principle — In welfare economics, the compensation principle refers to a decision rule used to select between pairs of alternative feasible social states. One of these states is the hypothetical point of departure ( the original state ). According to the… … Wikipedia
Competitive exclusion principle — In ecology, the competitive exclusion principle,[1] sometimes referred to as Gause s law of competitive exclusion or just Gause s law,[2] is a proposition which states that two species competing for the same resources cannot coexist if other… … Wikipedia
Energy efficiency in British housing — Domestic housing in the United Kingdom presents one of the major opportunities for achieving the 20% overall cut in UK carbon dioxide emissions targeted by the Government for 2010.Carbon emissionsAlthough carbon emissions from housing have… … Wikipedia
Office of Energy Efficiency and Renewable Energy — The Office of Energy Efficiency and Renewable Energy (EERE) is an office within the United States Department of Energy that invests in high risk, high value research and development in the fields of energy efficiency and renewable energy… … Wikipedia
Peter Principle — For the BBC sitcom, see The Peter Principle (TV series). The Peter Principle states that in a hierarchy every employee tends to rise to his level of incompetence , meaning that employees tend to be promoted until they reach a position at which… … Wikipedia
