Definitions
from The Century Dictionary.
- noun Production that is less than normal, or inadequate to the demand.
from the GNU version of the Collaborative International Dictionary of English.
- noun (Polit. Econ.) The production of less than is demanded or of less than the usual supply.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun The
production of an insufficient amount
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun inadequate production or less than expected
Etymologies
Sorry, no etymologies found.
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Examples
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Mill thinks that there are other goods for which market provision will lead to underproduction, which is why he thinks that the state should subsidize scientific research and the arts (V. xi.15).
Mill's Moral and Political Philosophy Brink, David 2007
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Seriously, if you can't recognize that over production of defense as a public good is a much greater threat to humanity than any such "underproduction" of defense, you are hopeless muddled, at least from libertarian perspective.
Freedom Democrats - Online Community for Libertarian Democrats 2008
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Knapp attacked this position by claiming "underproduction" to be subjective measure, a measure typically proclaimed by fiat by the central planner.
Freedom Democrats - Online Community for Libertarian Democrats 2008
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Overproduction happens all the time (look at Crocs), often after a lengthy period or perception of underproduction (again, see Crocs).
Coyote Blog » Blog Archive » The Corporate State: A Love Story 2009
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One in five older people take levothyroxine for hypothyroidism, an underproduction of thyroid hormone that occurs with aging.
Finding the Pathways to a Cause of Tinnitus Ann Lukits 2011
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In my judgment, American labor will see a net shift away from computer-related fields into all others (where there will now be a relative underproduction) but particularly into the biomedical fields.
Case for Globalization, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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As economic analyst Robert Shaw explains, Kenya's underproduction of staple items has placed it dangerously at the mercy of local and global economic instability.
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As economic analyst Robert Shaw explains, Kenya's underproduction of staple items has placed it dangerously at the mercy of local and global economic instability.
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When the immune system attacks GAD, it leads to an underproduction of GABA.
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Bove, of Rochdale Securities, said the crisis was a result of years of over-consumption and underproduction in the West which caused money to flow to Asia and other big exporters, which caused debt accumulation in the U.S. and a desire for higher-yielding securities -- like subprime mortgage-backed securities -- elsewhere.
Larry Summers Replacement: Progressive Economists Offer Their Suggestions, 'No More Rubinites' The Huffington Post News Team 2010
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We argue that this has created a new form of risk that we call 'underproduction' which occurs when the supply of software engineering labor becomes out of alignment with the demand of people who rely on the software produced.
Underproduction: An Approach for Measuring Risk in Open Source Software Kaylea Champion 2021
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