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  • Search: subject:"allocation efficiency of grant system"
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allocation efficiency of grant system 1 generalised microeconomic criterion of economic agent 1 mathematical models of economic behaviour 1 prisoners dilema 1 rational donator problem 1
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Free 1
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Article 1
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Czech 1
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Hlaváèek, Jiøí 1 Hlaváèek, Michal 1
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Czech Journal of Economics and Finance (Finance a uver) 1
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RePEc 1
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Economic Irrationality of the Donator Arising from his Low Confidence in Donation Recipient
Hlaváèek, Jiøí; Hlaváèek, Michal - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 3-4, pp. 138-154
This paper tries to address the problem of donator?s efficiency. In spite of the fact, that social services and public goods are not fully determined by market forces, they are not beyond the subject of economics. The state or other donator can allocate grants among recipients either efficiently...
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