What is it about?
Efficiency is the classical method for evaluating how much from your efforts yields useful outcome. When the analyzed system is complex, it is difficult to calculte its efficiency. Therefore, graphs can be conveniently used.
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Why is it important?
The paper offers a method which is able to calculate the efficiency of any complex system, provided that you can represent it as a net of blocks which receive and give out energy.
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This page is a summary of: Closed-form symbolic computation of the global efficiency of complex systems by means of digraphs, July 2013, Institute of Electrical & Electronics Engineers (IEEE),
DOI: 10.1109/icccyb.2013.6617591.
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