Allocative Efficiency vs Productive Efficiency Lesson Summary Register to view this lesson Are you a student or a teacher? FAQ What is meant by allocative and productive efficiency? Allocative efficiency focuses on customer needs and producing products and services that meet those needs in the most ...
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Department of EconomicsOleg YerokhinSchool of EconomicsElsevierTelecommunications PolicyFreyens,B.P, and Yerokhin, O., (2011), Allocative vs Technical Spectrum Efficiency, Telecommunications Policy 35 (4), pg 291-300.Freyens, B. P. & Yerokhin, O. (2011), Allocative vs. technical spectrum ...
Allocative efficiency means that the particular mix of goods a society produces represents the combination that society most desires. For example- often society has a preference for education. If that society is producing the quantity or level of education that society demands, t...