These authorities tend to focus more on investor protection than on the allocational efficiency
of the markets they oversee.
requires that resources are allotted to the most deserving and productive segment of the population.
We can also examine the allocational efficiency of our markets.
Another aspect of allocational efficiency is the proportion of eligible and ineligible shares held by the unrestricted investors.
Conditional on the relative preset price and the policy instrument, consumption is determined by (22); the relative flexible price is determined by (14); allocational efficiency is determined by (18); and marginal cost is determined by (13) and (22).
But with stable prices, [pi] = 1, the derivative of allocational efficiency with respect to [p.
When the issue is health insurance or retirement security, allocational efficiency
is really not what's under discussion.
Tertiary education in Austria has been found costly and its allocational efficiency
needs to be improved to cope with a widening gap in skills provided and demanded.
Whether it is the debates within Congress or the frequent expressions of courts, the incantations regarding the broad objective of the securities laws are the same: to provide full and fair disclosure for the protection of investors and to enhance the allocational efficiency
Financial markets, therefore, facilitate allocational efficiency
In the first study, the authors find that a computerized double auction performs better than the alternative institutions in terms of allocational efficiency
and speed of price convergence, with the exception of possibly superior performance by a recontracting version of the clearinghouse institution.
depends in part on the relative bargaining strengths of the participants.