TERMIUM Plus®

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ALLOCATIVE INEFFICIENCY [1 record]

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Record 1 1992-04-30

English

Subject field(s)
  • Economic Planning
  • Pricing Theory
CONT

This inefficient substitution of a product is seen as a misallocation of resources. It is seen as a loss to society as a whole. It is referred to as allocative inefficiency or the deadweight loss.

French

Domaine(s)
  • Planification économique
  • Théorie des prix
Key term(s)
  • inefficacité des mécanismes de redistribution

Spanish

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