Efficiency

wpc at cs.strath.ac.uk wpc at cs.strath.ac.uk
Fri Jan 13 02:59:36 MST 1995


Ron objects to the use of minimised labour time
as an efficiency criterion as it is too simple.

The problem is that any system of rational
decision making must use a 'simple', i.e.,
scalar criterion, since only such criteria
give an ordering of alternatives which is
what is needed for rational decisionmaking.

It is arguable that certain things should be
taken out of efficeincy based decision making
- the imposition of absolute health and
safety standards, the imposition of absolute
environmental protection standards being
obvious examples - but the effect of this
is just to add additional constraints to the
optimisation problem, which is always in the
end equivalent to minimising some scalar potential.

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