Special Issue on Economic Efficiency

Economic efficiency is related to two non-equivalent concepts: allocative efficiency and productive efficiency. A market or other economic system may be allocatively but not productively efficient, or productively but not allocatively efficient. All characterizations of economic efficiency are encompassed by the more general engineering concept that a system is efficient or optimal when it maximizes desired outputs given available inputs. There are two main strains of thought on economic efficiency, which respectively emphasize the distortions created by governments and the distortions created by markets.

In this special issue, we intend to invite front-line researchers and authors to submit original research and review articles on economic efficiency. Potential topics include, but are not limited to:

• Cost Effectiveness
• Allocative efficiency and productive efficiency
• Efficient market
• Firm efficiency
• Government policy efficiency
• Optimal scale of economic activity
• Balance of economic risk and efficiency
• Economic equilibrium and economic improvement
• Efficient investment

Authors should read over the journal’s For Authors carefully before submission. Prospective authors should submit an electronic copy of their complete manuscript through the journal’s Paper Submission System.

Please kindly notice that the “Special Issue” under your manuscript title is supposed to be specified and the research field “Special Issue – Economic Efficiency” should be chosen during your submission.

According to the following timetable:

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