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

© 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...

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Main Authors:	Kreinovich V., Kosheleva O., Nguyen H., Sriboonchitta S.
Format:	Book Series
Published:	2017
Online Access:	https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84952682969&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/42593
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Institution:	Chiang Mai University

id	th-cmuir.6653943832-42593
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spelling	th-cmuir.6653943832-425932017-09-28T04:27:59Z Across-the-board spending cuts are very inefficient: A proof Kreinovich V. Kosheleva O. Nguyen H. Sriboonchitta S. © 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 US budget to the university budget cuts on the college and departmental levels. The main reason for the ubiquity of such cuts is that they are perceived as fair and, at the same time, economically reasonable. In this paper, we perform a quantitative analysis of this problem and show that, contrary to the widely spread positive opinion about across-the-board cuts, these cuts are, on average, very inefficient. 2017-09-28T04:27:59Z 2017-09-28T04:27:59Z 2016-01-01 Book Series 1860949X 2-s2.0-84952682969 10.1007/978-3-319-27284-9_6 https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84952682969&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/42593
institution	Chiang Mai University
building	Chiang Mai University Library
country	Thailand
collection	CMU Intellectual Repository
description	© 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 US budget to the university budget cuts on the college and departmental levels. The main reason for the ubiquity of such cuts is that they are perceived as fair and, at the same time, economically reasonable. In this paper, we perform a quantitative analysis of this problem and show that, contrary to the widely spread positive opinion about across-the-board cuts, these cuts are, on average, very inefficient.
format	Book Series
author	Kreinovich V. Kosheleva O. Nguyen H. Sriboonchitta S.
spellingShingle	Kreinovich V. Kosheleva O. Nguyen H. Sriboonchitta S. Across-the-board spending cuts are very inefficient: A proof
author_facet	Kreinovich V. Kosheleva O. Nguyen H. Sriboonchitta S.
author_sort	Kreinovich V.
title	Across-the-board spending cuts are very inefficient: A proof
title_short	Across-the-board spending cuts are very inefficient: A proof
title_full	Across-the-board spending cuts are very inefficient: A proof
title_fullStr	Across-the-board spending cuts are very inefficient: A proof
title_full_unstemmed	Across-the-board spending cuts are very inefficient: A proof
title_sort	across-the-board spending cuts are very inefficient: a proof
publishDate	2017
url	https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84952682969&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/42593
_version_	1681422218854137856

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

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