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Safety has been a main driver of the allocative system.
Allocative efficiency, terms of trade, and endowment effects do not add exactly to the total.
At the point of allocative efficiency, price is equal to marginal cost.
Therefore it can be seen that the price mechanism plays an allocative role in the market economy.
First there is the concept of information as an allocative and authoritative resource.
Free competitive markets will automatically take care of allocative efficiency.
The French government, by contrast, sees its role as being primarily allocative and `constructive'.
Allocative efficiency is where we are "doing the right things" and choosing the best mix of services to provide.
So far we have discussed the impact of indirect taxes on allocative efficiency.
The immediate impact of such reforms typically concerns allocative efficiency.
Allocative efficiency describes how best to distribute resources across competing programs.
Allocative efficiency concerns the mix of outcomes achieved within given resources.
However, eliminating allocative inefficiency is not the only objective of tax policy.
A number of allocative, social and managerial issues are associated with these wage adjustments.
The reasons go beyond needs to maximise allocative efficiency.
Allocative effects: these relate to the sectoral allocation of resources.
The first is the question of allocative efficiency.
I think economics has been very successful in one very important area: allocative efficiency.
An economy may have productive efficiency but not allocative efficiency.
The result is a loss of allocative efficiency.
In conventional economic terms, we achieve allocative efficiency through market incentives based on people’s willingness to pay.
Facebook and its peers also play an allocative function, just as banks do, except they help people move content instead of capital.
As an allocative resource, recorded information can be a material product of action and a source for further action.
In short, transactions are allocative while relations are not.
Estimates refer only to the cost of allocative inefficiency.