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Only the list of criteria reported in the review of Golan et al., categorizes criteria according to the principles of allocative justice for rationing health care, i.e. need, maximizing and egalitarian principles, but is therefore limited in scope [ 13].
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This model underlines the trade-off between information rents and allocative efficiency.
Farrell [ 30] divided overall efficiency into technical efficiency and allocative efficiency.
Allocative efficiency implies productive efficiency, although the converse is not necessarily true.
Palmer and Torgerson distinguish among technical efficiency, productive efficiency, and allocative efficiency [ 4].
Economic efficiency can be assessed in terms of technical efficiency and allocative efficiency.
Procedural justice is defined as an individual's belief that allocative procedures or decision-making processes, which satisfy certain criteria are fair and appropriate (Leventhal 1976; Cropanzano et al. 2002).
Speculative bubbles represent glaring violations of informational efficiency, and they also violate allocative efficiency, which is much more important.
" 'Do justice.
Cosmic justice!
Road justice?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com