Psychology Dictionary of ArgumentsHome![]() | |||
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Allocation: Allocation in economics refers to the distribution of resources, goods, or services in an economy, often influenced by market mechanisms, government policies, or other factors. It addresses how scarce resources are assigned to meet various needs and wants._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Concept | Summary/Quotes | Sources |
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Amartya Sen on Allocation - Dictionary of Arguments
Mause I 153 Allocation/Sen: a balanced allocation (see Allocation/Mankiw) is desirable for its own sake, because it grants freedom to individuals.(1) In any case, it is preferable to a centralised economy, as individuals would not be free in such an economy. Freedom/Economy: see also Hayek 1960(2) and Friedman 1962(3) >Freedom, >Individuals. 1. Amartya Sen, Ökonomie für den Menschen: Wege zu Gerechtigkeit und Solidarität in der Marktwirtschaft. München 2000. S. 40,140. 2. F. A. von Hayek Hrsg. [Die Verfassung der Freiheit, 4. Aufl. Tübingen 1960] 2005. 3. Milton Friedman, Kapitalismus und Freiheit. München (1962], 2004._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconSen I Amartya Sen Collective Choice and Social Welfare: Expanded Edition London 2017 Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |