Yesterday I posed a couple of trivial economics questions. The first was: “I have an object X that I wish to assign (gift or give away) to one of three: A, B, or C. How do I determine whom to give it to if I am concerned about allocative efficiency? Assume that A, B, and C have different preferences and abilities to pay.”
Continue reading “A Trivial Economics Question — Part 2”
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Atanu Dey : Life is a Random Draw 