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If a given market allocates them in a way that leaves it impossible to increase the welfare of one person without lowering the welfare of at least one other person, the market is said to be "Pareto efficient".
In short, an economy's economic freedom reflects how efficiently the market allocates economic resources and achieves the price of capital.
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Government planners, rather than a market, allocate supplies and set prices and wages.
Figures show that American workers who began DC plans in 2000, at the height of the bull market, allocated 72% of their portfolio to the stockmarket; those who joined in 2003, after the long bear market, allocated just 48%.
Instead of letting the market allocate resources, the central bank is choosing which banks should be the beneficiaries of easing, and how they should direct their lending.
The holding company, with the conglomerate, acts as a kind of internal stock market, allocating funds to its subsidiaries on the basis of financial performance.
The core functionality of the auctioneer and the concentrator is to run the electronic market, allocating the electrical power resource to the local device agents.
Traditional marketing allocates activities based on the strategies that comprise the traditional Promotion Mix: direct marketing, advertising, personal selling, sales promotion and publicity.
In most areas of economics, efficiency is defined in terms of how well markets allocate resources.
Millisecond trading advantages are helping our capital markets allocate excess savings more productively?
The first was that markets allocate capital better than politicians do, so we risk distortions with tax provisions aimed at encouraging investment in one part or another of the economy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com