Allocative efficiency
This is the current revision of Allocative efficiency as edited by Dadsnagem2 (talk | contribs) at 18:12, January 18, 2008. This URL is a permanent link to this version of this page.
Allocative efficiency is another term for Pareto optimal: it is the economic situation when no person can make a trade or reallocation of resources that makes him better off without making others worse off.
In other words, this is an optimal allocation of resources or goods.