Abstract
Efficiency is an important concept in the field of law and economics. The precise meaning of the term efficiency is not unequivocal and depends on the context in which it is used. In practice, efficiency often relates to economic efficiency. However, such forms as social and political efficiency can also be very important for the continuity of a society or an organization.
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ter Bogt, H.J. (2019). Efficiency, Types of. In: Marciano, A., Ramello, G.B. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7753-2_43
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DOI: https://doi.org/10.1007/978-1-4614-7753-2_43
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