Sentences with phrase «economically efficient decision»

«But in the present universe,» he concludes, «the one in which Dominion, Duke and Piedmont propose to become the monopoly suppliers of the inputs for their own monopoly customers, they need not engage in any such economically efficient decision making process.

Not exact matches

The decision to study stomata in grasses was made not just because these plants are economically and environmentally important, but because grasses show several unique innovations that make their stomata much more efficient in taking up carbon dioxide while limiting water loss.

Furthermore, federal agencies essentially have a «blank check» to fight fires, which provides little incentive for them to make economically efficient suppression decisions.

Since markets generally result in more economically efficient solutions it makes sense to use them to make those decisions rather than using politically - based decisions.

Although the United States does not have an economy - wide carbon price, this «first - best» — or the most economically efficient — solution provides a useful framework for climate policy decisions.