A difficulty with the command allocation mechanism

DOI10.1016/0022-0531(83)90018-2zbMath0519.90022OpenAlexW1989834338MaRDI QIDQ1054630

Richard E. Ericson

Publication date: 1983

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(83)90018-2

zbMATH Keywords

command allocation mechanismdynamic model of resource allocationimplementation of taut economic plans under uncertaintylack of feedbackmarket-like mechanismsunexpected shocks

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

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• Satisficing
• Inventory Stability and Resource Allocation under Uncertainty in a Command Economy
• Incentives in Teams
• Optimal Allocation of Public Goods: A Solution to the "Free Rider" Problem
• Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods
• The incentive effects of plan targets and priorities in a disaggregated model
• On incentive structures of a socialist economy

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