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Allocative Efficiency
(redirected from Optimum allocation)

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Allocative Efficiency
A measure of the benefit one derives from distributing or investing his/her assets in one way as opposed to another. Allocative efficiency is difficult to measure, especially in advance. However, rational economic actors attempt to maximize their allocative efficiency. See also: Incremental internal rate of return.
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At the conference, the participants will discuss inadequacy of water, water purification and optimum allocation of water resources.
Iran Attends Dubai International Water Technology Exhibition by Moj News Agency (Tehran, Iran)
Murray's responsibilities include developing litigation strategies; determining optimum allocation of personnel and budgetary resources; supervising the Division's ethics, personnel recruitment, training, and management programs; and overseeing its information technology, litigation support, and other administrative programs.
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