The Allocation of Resources: Theory and Policy

by Kenneth D. George, John Shorey

Overview

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.

Product Details

ISBN-13:	9781041127925
Publisher:	Taylor & Francis
Publication date:	11/21/2025
Series:	Routledge Library Editions: Economics and Society
Pages:	274
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

Kenneth D. George and John Shorey

Table of Contents

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