wastefulness
Wastefulness refers to the excessive or unnecessary use of resources such as energy, materials, time, or money, or to the disposal or consumption of outputs with little or no added benefit. In economic and policy contexts, wastefulness is often contrasted with efficiency, since it involves expenditure beyond what is needed to achieve a goal rather than simply a shortfall in productive performance.
Wastefulness appears in many domains. Energy wastefulness includes leaving lights on or heating spaces that are
The consequences of wastefulness include higher costs for individuals and organizations, greater pressure on natural resources,
Mitigation typically involves policy instruments (pricing signals, waste taxes, or landfill charges), standards and procurement rules,