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Examples
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We already know that is the worst possible way of rationing health care: it is terrible at controlling total costs, allocatively wasteful, and will cause avoidable pain or death to millions of people, bankruptcy to millions more, and force millions more to live under the constant threat of such outcomes.
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Our goal as a household, my sister told me, was to be allocatively efficient.
Boys and Girls Like You and Me Aryn Kyle 2010
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Our goal as a household, my sister told me, was to be allocatively efficient.
Boys and Girls Like You and Me Aryn Kyle 2010
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Our goal as a household, my sister told me, was to be allocatively efficient.
Boys and Girls Like You and Me Aryn Kyle 2010
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Our goal as a household, my sister told me, was to be allocatively efficient.
Boys and Girls Like You and Me Aryn Kyle 2010
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Here is James' #6: 6. Markets, while not perfectly allocatively efficient, cannot be made more efficient through regulation because the public good of ensuring that the state is only implementing good regulations, like any other public good, will be underproduced and bad regulation, like any other private good with negative externalities, will tend to be overproduced.
Your Zip Code or Yourself, Bryan Caplan | EconLog | Library of Economics and Liberty 2009
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Another way that CAFOs operate at a lower cost is that they operate at a cost that is not allocatively efficient.
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It allows countries to specialise in what they have either an absolute or a comparative advantage in, thus making global production both more productively and allocatively more efficient and shifting the global productivity curve out to the right.
Archive 2007-02-01 2007
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A capitalist opponent of socialism would argue that both Schweickart and Kornai are right -- that markets are both a necessity and an impossibility for a socialism that would be humane, sustainable, and allocatively efficient.
Socialism 1995
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Another question on a CLEP exam might ask where the competitive price would be, also known as the "allocatively efficient" price because it represents the most efficient allocation of resources.
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