Monday, February 14, 2022

Efficiency

The criterion of efficiency dictates that choice of alternatives which produces the largest result for the given application of resources.

-- Herbert Alexander Simon (1916 - 2001), American political scientist whose research ranged across the fields of cognitive psychology, computer science, public administration, economics, management, philosophy of science and sociology and was a professor, most notably, at Carnegie Mellon University, as cited in: Harry M. Johnson (1966) Sociology: A Systematic Introduction. p. 287

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