Live briefing
Everything about Efficiency
Degree to which a process minimizes waste of resources
Efficiency is the often measurable ability to avoid making mistakes or wasting materials, energy, efforts, money, and time while performing a task. In a more general sense, it is the ability to do things well, successfully, and without waste. Wikipedia →
🧭 Start here: a 6-step reading path
- Read the overview: EfficiencyA 5-minute orientation
- Skim a recent paper: Single-junction organic solar cells with over 19% efficiency enabled by a refined double-fibril network morphologyInfluential work since 2022
- Pick up a classic book: The 7 Habits of Highly Effective PeopleThe most-reprinted book on the subject
- Read the landmark paper: Efficiency of ab-initio total energy calculations for metals and semiconductors using a plane-wave basis setCited 75,480 times
- Go sideways: Allocative efficiencyA closely related topic
- Go sideways: Operational efficiencyA closely related topic
📖 Definitions
Noun The extent to which a resource is used for the intended purpose.
Noun The ratio of useful work to energy expended. Often given the symbol η.
Noun The extent to which time is well used for the intended task.
Noun The quality of producing an effect or effects.
🗂️ The subject at a glance
🏆 Landmark papers (most cited)
Efficiency of ab-initio total energy calculations for metals and semiconductors using a plane-wave basis set
A low-cost, high-efficiency solar cell based on dye-sensitized colloidal TiO2 films
Measuring the efficiency of decision making units
Detailed Balance Limit of Efficiency of p-n Junction Solar Cells
Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency
The Measurement of Productive Efficiency
User-guided 3D active contour segmentation of anatomical structures: Significantly improved efficiency and reliability
Overview of the High Efficiency Video Coding (HEVC) Standard
🆕 Influential since 2022
Single-junction organic solar cells with over 19% efficiency enabled by a refined double-fibril network morphology
Solar-to-hydrogen efficiency of more than 9% in photocatalytic water splitting
Tandem Organic Solar Cell with 20.2% Efficiency
Microbial carbon use efficiency promotes global soil carbon storage
Solar cell efficiency tables (Version 64)
📚 Books worth reading
The 7 Habits of Highly Effective PeopleStephen R. Covey · 1989
Mental efficiencyArnold Bennett · 1887
The Principles of Scientific ManagementFrederick Winslow Taylor · 1913
The engineers and the price systemThorstein Veblen · 1921
The leadership challengeJames M. Kouzes, Barry Z. Posner · 1987
The Principles of Scientific ManagementFrederick Winslow Taylor · 1911
First thing firstStephen R. Covey, A. Roger Merrill · 1994
Getting Things DoneDavid Allen, David Allen · 2001
Ranked by number of editions on Open Library, a rough measure of how lasting a book is.
🔗 Related topics
- Allocative efficiency Allocative efficiency is a state of the economy in which production is aligned with the preferences of consumers and producers; in particular, the set…
- Operational efficiency In a business context, operational efficiency is a measurement of resource allocation and can be defined as the ratio between an output gained from the…
- X-inefficiency X-inefficiency is a concept used in economics to describe instances where firms go through internal inefficiency resulting in higher production costs than…
- Pareto efficiency In welfare economics, a Pareto improvement formalizes the idea of an outcome being "better in every possible way". A change is called a Pareto improvement…
- Electrical efficiency The efficiency of a system in electronics and electrical engineering is defined as useful power output divided by the total electrical power consumed (a…
- Thermal efficiency In thermodynamics, the thermal efficiency ( η t h {\displaystyle \eta _{\rm {th}}} ) is a dimensionless performance measure of a device that uses thermal…
- Production-possibility frontier In microeconomics, a production-possibility frontier (PPF), production-possibility curve (PPC), or production-possibility boundary (PPB) is a graphical…
- Energy conversion efficiency Energy conversion efficiency (η) is the ratio between the useful output of an energy conversion machine and the input, in energy terms. The input, as well…