1. But government intervention is not the only way to cope with the problem of socially inefficient resource allocation due to externalities. 2. Deciding on optimal resource allocations for different research projects is a serious issue. 3. Hence, head office attracts the power brokers skilled in the politics of resource allocation. 4. How should we measure the social cost of monopoly power and inefficient resource allocation? 5. However, the choice significantly affects the final geographical distribution and their use in resource allocation has been questioned. 6. More economic patterns of resource allocation will result as underlying comparative advantages are allowed to exert their full potential. 7. Proposals for resource allocation according to quality of teaching as well as research endeavour are undoubtedly overdue. 8. Resource allocation in the near future requires accurate information not only for each school but within a school for each year. 9. Resource allocation is also relevant, particularly where charging policies are formulated on a means-tested basis. 10. Such a pattern of resource allocation is called a Pareto optimum. |
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