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This argument insists that having an efficient allocation of risk within a firm is essential for overall efficiency.
"It is an efficient allocation of resources.
But this is not an efficient allocation of short-term construction resources.
Gaining an efficient allocation of risk implies that shareholders should be charged with handling risk.
To do so, they must achieve an efficient allocation of the available resources and provide incentives for resource accumulation.
Finally, states, once stripped of registration authority, need to assume a role that will enhance an efficient allocation of capital.
To determine an efficient allocation of R&D funds, the analysts combined these evaluations with estimates of each candidate's probability of success and cost of development.
To determine an efficient allocation of budgeted funds, they combined these values with assessments of the probabilities of success and development costs.
As mentioned earlier, increasing investment in boys is an efficient allocation of resources (Strauss and Thomas 1995).
Central planning does not encourage an efficient allocation of resources.
And the benefit to society was an efficient allocation of capital and economic growth.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com