allocative

American

[al-uh-kayt-iv] / ˈæl əˌkeɪt ɪv /

adjective

relating to or involving allocation, especially of resources to be designated for specific projects or recipients.

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allocative

Beginning in the 1960s, conservative scholars at the University of Chicago argued for applying economic analysis, particularly theories about prices and allocative efficiency, to legal questions like antitrust.

From Washington Post ● Dec. 27, 2018

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023