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Erschienen in:
1991 | OriginalPaper | Buchkapitel
Allocating Scarce Resources
verfasst von : Stuart S. Nagel
Erschienen in: Decision-Aiding Software
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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The purpose of this chapter is to describe a method of allocating scarce resources across budget categories in a way that is both rational and feasible. It is rational because it allocates in proportion to proxies for elasticity coefficients in accordance with classical calculus optimization. It is, however, feasible in the sense that the proxies are of such a nature that they are easily obtained and can be easily worked with.