Vickrey auctions outperform discriminatory price auctions in allocative efficiency, reducing inefficiencies by 0.74% on average. The study provides the first structural analysis of the Fed’s MBS ...

Tech billionaire Elon Musk is set to visit the CIA to discuss government efficiency, according to the agency. A CIA spokesperson said in a statement that Musk was invited by CIA Director John ...

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It is "almost certain" civil service staff numbers will be slashed as the government embraces digital technology, a cabinet minister has said. Science and Technology Secretary Peter Kyle warned ...

These advancements create new opportunities and introduce challenges, such as balancing efficiency gains with responsible resource consumption. A key breakthrough has been reducing the ...

The efficiency gains from the coding assistant will also allow JPMorgan's engineers to devote more time to high-value projects focusing on artificial intelligence and data, Beer said. The bank ...

Since Elon Musk’s so-called Department of Government Efficiency took over important government technology teams within the General Services Administration (GSA) and what was formally known as ...

EPA Administrator Lee Zeldin appears before the Senate Environment and Public Works Committee on Capitol Hill in January. Efficiency Maine has lost access to $15 million in federal funding meant to ...

Developments in electricity generation will improve efficiency while using fossil fuels and other renewable energy sources optimally. But, how will all this happen? Listed below are the trends ...

In July 2024, Musk suggested on X that Trump could establish a presidential commission on "government efficiency" and select him to lead it. Trump liked the idea and confirmed in August 2024 that ...