The theory of value is closely related to that of allocative efficiency, the quality by which firms produce those goods and services most valued by society.

价值理论和分配效率密切相关。分配效率指企业生产社会认为最有价值的商品和服务。

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In theory, the PPP was meant to harness the efficiency of the private sector and, in return for healthy profits, transfer risks to the firms doing the work.

从理论上说，公私合作关系(private - public partnership, PPP)是为了充分利用私营部门的效率和健康的利润回报，并且将风险转移到实际工作的企业中去。

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The theory of "efficiency wages" says that firms which cannot monitor workers' efforts well should instead pay high wages to make it costlier for them to risk being sacked.

有效工资原理说的是对于无法监控员工是否工作努力的公司应该给予员工比较高的工资从而使其有较高的离职成本。

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The combination of cheap jets with greater fuel efficiency and a critical mass of these critters in the sky can, in theory, lower the price per seat considerably.

FORBES: Private Jet Boom

In theory, such specialisation should increase the efficiency of the venture-capital process, as it does in other industries.

ECONOMIST: Money to burn

In theory, the PPP was meant to harness the efficiency of the private sector and, in return for healthy profits, transfer risks to the firms doing the work.

ECONOMIST: The Tube upgrade deals: Finis | The