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

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: Vladik Kreinovich, Olga Kosheleva, Hung T. Nguyen, Songsak Sriboonchitta
Format: Book Series
Published: 2018
Subjects:
Computer Science
Online Access:https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84952682969&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/55599
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Institution: Chiang Mai University
id th-cmuir.6653943832-55599
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spelling th-cmuir.6653943832-555992018-09-05T02:58:20Z Across-the-board spending cuts are very inefficient: A proof Vladik Kreinovich Olga Kosheleva Hung T. Nguyen Songsak Sriboonchitta Computer Science © 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. 2018-09-05T02:58:20Z 2018-09-05T02:58:20Z 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/6653943832/55599
institution Chiang Mai University
building Chiang Mai University Library
country Thailand
collection CMU Intellectual Repository
topic Computer Science
spellingShingle Computer Science
Vladik Kreinovich
Olga Kosheleva
Hung T. Nguyen
Songsak Sriboonchitta
Across-the-board spending cuts are very inefficient: A proof
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 Vladik Kreinovich
Olga Kosheleva
Hung T. Nguyen
Songsak Sriboonchitta
author_facet Vladik Kreinovich
Olga Kosheleva
Hung T. Nguyen
Songsak Sriboonchitta
author_sort Vladik Kreinovich
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 2018
url https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84952682969&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/55599
_version_ 1681424535935516672

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