Allocation Theory

Allocation theory explores how resources—such as time, money, or materials—are distributed among different activities or sectors to achieve optimal efficiency and outcomes. It examines decision-making processes to ensure resources are used effectively to meet goals, considering constraints and priorities. Essentially, it studies the best ways to allocate limited resources to maximize benefits, whether in economics, business, or other fields, helping organizations or individuals make informed choices about where to invest their resources for the greatest impact.