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"scarce resource allocation" is a correct and usable phrase in written English
You can use it when discussing how to divide or distribute limited resources among different groups or individuals. For example, "The committee was unable to come to an agreement on the scarce resource allocation, so the decision was made to move further discussion to the next meeting."
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For instance, during times of austerity holding adequate information upon which to base the allocation of scarce resources allocation is essential.
In Indonesia, while primary healthcare spending was slashed, private companies in rich donor nations benefited from a dramatic increase in hospital spending, mostly on expensive equipment – a deplorable and unjust allocation of scarce resource, according to the World Bank.
A recent review of telemedicine in developing countries 3 showed that only a few articles provided such data although in the context of scarce resources, the appropriate allocation of resources is crucial (i.e. the consequences of wastage that will have little effect on health care in industrialised countries may have a profound impact in low-resource settings).
This paper presents a general methodology for bi-polar allocation of a scarce resource under uncertainty and conflict.
In LMICs such as Sri Lanka, the availability of utility weights is of considerable importance as these countries require greater efficiency of health care resource allocation due to scarce resources and a high disease burden [ 12].
A utilitarian rationale based on maximizing health gains from the allocation of a scarce resource to avoid "wastage," were rarely expressed.
In contrast, utilitarian rationale based on the maximisation of health gain from the allocation of a scarce resource to avoid "wastage" was rarely expressed.
In the resource-constrained countries of Sub-Saharan Africa (SSA), where policy and decision makers are frequently faced with tough decisions regarding resource allocation, cost effectiveness analysis (CEA) can be a useful tool for optimal allocation of scarce resources.
The Money demands that strangers reach consensus around the allocation of scarce resources.
The most frequent source of tension occurs around the allocation of scarce resources.
"Economics is about the allocation of scarce resources," Mr. Mosler said.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com