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001 536898
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035 _a(RuTPU)RU\TPU\prd\226193
035 _aRU\TPU\prd\225692
090 _a536898
100 _a20141121a2013 k y0rusy50 ba
101 0 _aeng
102 _aRU
135 _adrcn ---uucaa
181 0 _ai
182 0 _ab
200 1 _aThe great strength of the market is that it is a decentralised means The great strength of the market is that it is a decentralised means of resource illocation
_fA. Solodovnikov
203 _aText
_celectronic
215 _a1 файл (82 Кб)
225 1 _aЭкономические науки
230 _aЭлектронные текстовые данные (1 файл : 82 Кб)
300 _aTitle screen
320 _a[References: 6 tit.]
330 _aIn this essay a decentralised means of resource allocation is going to be discussed as a strength or weakness of the market. In order to get a broad picture on this issue, we are going to bring examples of resource allocation in both market and planned economies. First, the most important authors concerned with this matter are going to be evaluated. Thus, we will review the opinions of authors like Adam Smith and Friedrich Hayek. While evaluating different positive and negative sides of the market economy, we will particularly focus on the matter raised in the question: what are the strong and weak sides of the market economy in terms of resource allocation. Finally, we will examine a particular case in order to get an understanding of how failure in resource allocation will affect centralised and free market systems.
461 1 _0(RuTPU)RU\TPU\prd\225573
_x2312-2978
_tJournal of Economics and Social Sciences
_oelectronic scientific journal
_fNational Research Tomsk Polytechnic University (TPU), Institute of Humanities, Social Sciences and Technologies
_d2012-
463 1 _0(RuTPU)RU\TPU\prd\226192
_t№ 2
_v[3 p.]
_d2013
610 1 _amarket and planned economies
610 1 _aresource allocation
700 1 _aSolodovnikov
_bA.
801 1 _aRU
_b63413507
_c20090623
_gPSBO
801 2 _aRU
_b63413507
_c20160921
_gPSBO
856 4 _uhttp://earchive.tpu.ru/handle/11683/21707
942 _cBK