efficiency

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Related to Market efficiency: Efficient market hypothesis

ef·fi·cien·cy

(e-fish'en-sē),
1. The production of the desired effects or results with minimum waste of time, money, effort, or skill.
2. A measure of effectiveness; specifically, the useful work output divided by the energy input.

efficiency

Lab medicine The relative ability of a test to detect a disease, while maintaining the rate of false positive results to a minimum; the efficiency of a test is defined as the number of true positives and true negatives multiplied by one hundred, divided by the sum of true positives, true negatives, false positives and false negatives. Cf Four cell diagnostic matrix.

ef·fi·cien·cy

(ĕ-fish'ĕn-sē)
1. The production of the desired effects or results with minimum waste of time, effort, or skill.
2. A measure of effectiveness; specifically, the useful work output divided by the energy input.

ef·fi·cien·cy

(ĕ-fish'ĕn-sē)
1. Production of desired effects or results with minimum waste of time, money, effort, or skill.
2. Measure of effectiveness; specifically, useful work output divided by the energy input.

Patient discussion about efficiency

Q. Is electric shock efficient for ocd? Is it dangerous? My husband has OCD for 15 years now. He was also diagnosed with mania-depressia. He takes so many medications and nothing really helps. We were offered to try electric shock and I'm scared. Is it dangerous? What are the chances of this method to work for him?

A. Electroconvulsive therapy (ECT) is indeed considered effective for OCD, although it's not the first line of treatment. It does have its risks, including memory loss, disorientation and sort of confusion. There is also a change in the activity of the heart but it's rarely significant.

Generally it can be said that it's not an absolutely safe treatment, but it may help, especially if other drugs don't help.

You may read more here:
http://www.nlm.nih.gov/medlineplus/ency/article/003324.htm

More discussions about efficiency
References in periodicals archive ?
Though lower courts have agreed that a showing of market efficiency is required to invoke the FOTM presumption, they have been inconsistent in their approach to determining whether a market is sufficiently efficient.
On the other hand, older businesses use the e-market with higher hope of exploiting e-market's benefits both in increasing the market efficiency and supply chain efficiency.
The arbitrage pricing relationships presented below allow examining whether options market efficiency improved over the sample period.
An alternative market efficiency test considers the returns to betting horses in a particular odds category.
What it does in the process [is] choose the instrument to achieve their objective, [and] they take into account also the impact of their decisions [to] market efficiency and competition,' Balisacan explained.
The plan is to work on further improvement of the communication and information society sector, aligning the regulatory framework with the EU standards, intensifying cooperation in education and increasing labor market efficiency, establishing an efficient healthcare system and improving the social protection system.
Head of the Finance and Economic Committee, Umayya Toukan, said that the committee reviewed the government's program in the upcoming period in all sectors, which is based on working to achieve growth and robust fiscal control, stressing that financial stability and capital market efficiency are key for macroeconomic stability.
The National Economic Development Authority (NEDA) has expressed reservation over the proposed abolition of the Governance Commission for Government-Owned and Controlled Corporations (GCG), citing its "indispensable role" in improving market efficiency and promoting consumer welfare.
The new Pakatan Harapan-led government says focus will be given to reviewing and streamlining the role of state-owned enterprises (SOEs) and monopoly entities in the remaining Eleventh Malaysia Plan period from 2018-2020 to enhance market efficiency and fair competition.
Through a judicious mix of fiscal, trade, industrial and competition policies, product market efficiency can be enhanced.
Global Competitiveness Report index consists of 12 key pillars, including health, primary education, higher education, training, innovation, business development, market size, technological readiness, global market development, labour market efficiency and commodity market efficiency.
"The Saudi market's entry into the global emerging market indices, including the MSCI Index, helps in paving the way for ETFs and other products that allow investors to expand their dealings, with greater diversification and risk management, in parallel with enhancing overall market efficiency," he added.