inefficiens
Inefficiens is a term used in systems theory and economics to denote the state of a system in which resources are not used to their full potential. It designates not a single defect but a pattern of suboptimal performance arising from how components interact, rather than from a single source of waste. The concept is used to analyze production lines, services, and policy environments where outcomes fall short of possible efficiency given the inputs.
Etymology and scope: The word is derived from Latin inefficiens, meaning not efficient, and has appeared in
Common manifestations and causes: inefficiens can arise from misaligned incentives, asymmetrical information, heterogeneous agents, supply chain
Measurement and response: analysts evaluate inefficiens by comparing actual outputs to potential benchmarks under similar inputs,