Quota theory

Quota theory, in a general context, refers to the concept of allocating resources, opportunities, or responsibilities based on a set limit or "quota." This can apply in various fields, such as economics, social policies, or organizational management, where specific targets are established to ensure fair distribution. For example, in job hiring, a company might set a quota to ensure a diverse range of candidates are considered, promoting inclusivity. Overall, quota theory emphasizes balancing fairness and efficiency in resource allocation while adhering to predetermined limits to achieve specific goals or outcomes.