Across-the-board spending cuts are very inefficient: A proof

• Main Authors: Kreinovich V., Kosheleva O., Nguyen H., Sriboonchitta S.
• 格式: Book Series
• 出版: 2017
• 在線閱讀: https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84952682969&origin=inward; http://cmuir.cmu.ac.th/jspui/handle/6653943832/42593
• 機構: Chiang Mai University

© Springer International Publishing Switzerland 2016. In many real-life situations, when there is a need for a spending cut, this cut is performed in an across-the-board way, so that each budget item is decreased by the same percentage. Such cuts are ubiquitous, they happen on all levels, from the U...