The meaning of EFFICIENCY is the quality or degree of being efficient. Affordability Gap means the difference between the cost of constructing a housing unit based on fair market value versus the cost a low - income person can afford for a housing unit, using accepted housing cost calculations as provided in this ordinance. It is argued that the improvement in efficiency of banks originated from the change in technology rather than scale and technical efficiency, and banks on average have not been able to catch-up with best-performers, thus widening the efficiency gap. Learn how to calculate efficiency. The lower energy level is the valence band, and thus if a gap exists between this level and the higher energy conduction band, energy . The phrase efficiency gap refers to a method for determining whether partisan gerrymandering has occurred in a jurisdiction. Devised by law professor Nicholas Stephanopoulos and research fellow Eric McGhee in 2015, the efficiency gap is defined as "the difference between [political parties'] wasted votes, divided by the total number of votes cast in the election." R 1 + ρ + R ( 1 + ρ) 2 + R ( 1 + ρ) 3 ⋯ = 1 . Energy intensity which measures energy consumption per Gross Domestic Product (GDP) is one indicator of energy efficiency. The efficiency gap measure can be used to calculate a score for any district maps, but the Wisconsin plans stand out in a state-by-state comparison submitted by plaintiffs to the court. Our analysis demonstrates that necessary preconditions for identifying the right measure of the energy-efficiency gap include understanding and disentangling market failure and non-market failure explanations for the gradual diffusion of energy . . How the Efficiency Gap Works Eric Petry The efficiency gap is a standard for measuring partisan gerrymandering that is currently at the heart of the Wisconsin gerrymandering case, Whitford v. Nichol.1 Developed by Nicholas Stephanopoulos, Professor at the University of Chicago Law School, and Check out "The People's Guide to Power," an ongoing series from WNYC that examines how government wor. For making rational political decisions, it might be valuable to know which factors influence this efficiency gap and to what extent. . In this paper, we identify and quantify this gap by soft-linking a fundamental electricity market model and an agent-based simulation model, which allows the consideration of these effects. This broader concept relates to social optimality. The formula determines which party is more efficient at translating . The efficiency gap tells us exactly how big the difference between the parties' wasted votes is. Efficiency Gap 2 this basis.4 By our count, claimants' record over this generation-long period is roughly zero wins and fifty losses.5 And adding insult to injury, a majority of the Court rejected almost every conceivable test for gerrymandering in 2004, and a plurality would have extricated the judiciary from this domain altogether.6 But the gloomy conventional wisdom is not quite right. Each of these has associated with it a corresponding definition of the energy-efficiency gap. 13.0% reduction in the efficiency gap when averaged across all models. As a measure of gerrymandering, the efficiency gap has several advantages. The scientific-sounding efficiency gap simply measures the difference in parties' "wasted" votes. Keywords: gerrymandering, efficiency gap, efficiency principle, turnout, redistricting 1. A Gap In Efficiency Related To Rising Cost Of Pharmaceuticals For The Aging Population Dissertation Essay Help Explain why the chosen topic is a gap in healthcare and analyze the specific population impacted by the issue. Our analysis demonstrates that necessary preconditions for identifying the right measure of the energy-efficiency gap include understanding and disentangling market failure and non-market failure explanations for the gradual diffusion of energy . The efficiency gap, as explained in Stephanopoulos and McGhee (2015), measures Gerrymandering using the notion of wasted votes (see a quick overview at How the Efficiency Gap Works (PDF)).This measure is the main argument used currently by the plaintiffs at the supreme court for the Wisconsin case of Gerrymandering. It has very powerful longevity and potential built in, as there's literally . It has attracted considerable attention among energy policy analysts, because its existence suggests that society has forgone cost-effective investments in energy efficiency, even though . These include any votes cast for a losing candidate, as well as those cast for a winner in excess of the number required to win. Each of these has associated with it a corresponding definition of the energy-efficiency gap. Efficiency is a level of performance that uses the lowest amount of inputs to create the greatest amount of outputs. click for more sentences of efficiency gap. Clearly, estimates. Energy efficiency gaps exist due to market failures. Browse the use examples 'efficiency gains' in the great English corpus. We could also take the absolute value of the difference.) efficiency gap exists between current or expected future. Made available by U.S. Department of Energy Office of Scientific and Technical Information . Accomplishment of or ability to accomplish a job with a minimum expenditure of time and effort.". Sometimes interest rates are referred to as discount rates. If the lower end of the distribution is brought up to the ENERGY STAR® rating of the 75th percentile, the reduction in the efficiency gap increases to an average of 15.5%, and when targeting the 95th percentile, the reduction in the efficiency gap increases to 20.0%. future energy use, on the other hand. Second, as an arithmetical matter, the efficiency gap represents a party's undeserved seat . Efficiency ratios are metrics that are used in analyzing a company's ability to effectively employ its resources, such as capital and assets, to produce income. Whitford is the role played by a new measure of partisan advantage called the efficiency gap. Energy Policy 1994 22 (10) 804-810 . Wang and Chen (2010) highlighted the importance of cost efficiency gap between public and private firm, and showed the relation of cost efficiency gap and foreign competition with optimal privatization at free entry market. efficiency gap. Learn the definition of 'efficiency gains'. Ellen Veomett Department of Mathematics and Computer Science Saint Mary's College of California Moraga, California, U.S.A Abstract. efficiency gap exists between current or expected future energy use, on the one hand, and optimal current or future energy use, on the other hand. 9 The . ficiency gap of anyelection as an equation only inV, S,andq.Wealsoreportonthevaluesofq that can be observed in actual elections. The efficiency gap is the difference in the totals of the wasted votes for each party, expressed as a percentage of total votes cast. Following the definition of this term by , the authors understand the term efficiency gap as the differences between a theoretically optimal energy system configuration and the . The U . A correction reveals that the 2008 N.C. Senate efficiency gap skewed even more in Democrats' favor. The Energy Efficiency Gap and Energy Price Responsiveness in Food Processing. An answer (I am not sure this is the right one) is if the " positive rate ρ " refers to an interest rate. Efficiency is a level of performance that uses the lowest amount of inputs to create the greatest amount of outputs. A country's gross domestic product (GDP) is . There are 20 energy efficiency gap-related words in total, with the top 5 most semantically related being efficient energy use, energy policy, energy conservation, gross domestic product and energy use.You can get the definition(s) of a word in the list below by tapping the question . The differences between a fundamental optimization and an ABM approach lead to differing results which can be used to assess the so-called "efficiency gap". Narrowing the US energy efficiency gap. Radiolab's Robert Krulwich explains the efficiency gap. That's essentially what's being measured by a new mathematical formula that calculates the "efficiency gap" between political parties in elections. In this paper, we identify and quantify this gap by soft-linking a fundamental electricity market model and an agent-based simulation model, which allows the consideration of these effects. of the magnitude of this . This paradox is known as the "energy efficiency gap". Clearly, estimates of the magnitude of this gap will be determined mainly by how optimal behavior is defined. The efficiency gap metric is based on a formula developed by a pair of academic researchers in 2014 whose goal was to set a quantifiable, legal standard for what constitutes gerrymandering. 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