1st Edition
The Allocation of Resources Theory and Policy
274 Pages
by
Routledge
274 Pages
by
Routledge
Also available as eBook on:
The Allocation of Resources (1978) examines the main problems associated with resource allocation, such as those arising from economies of scale, externalities, short- and long-run market adjustments, and government intervention in various sectors of the economy.
1. Introduction 2. Optimal Allocation and Economic Welfare 3. Changes in Welfare 4. The Distribution of Income and Wealth 5. Public Utility Pricing and Investment 6. Factor Indivisibilities, Size and Efficiency in the Private Sector 7. Problems of Adjustment 8. Externalities and Public Goods 9. Cost-Benefit Analysis
Biography
Kenneth D. George and John Shorey
