Steele, Gerald (2010) Postcode Lotteries. Economic Affairs, 30 (3). pp. 90-92. ISSN 0265-0665
Full text not available from this repository.Official URL: http://dx.doi.org/10.1111/j.1468-0270.2010.02031.x
Abstract
Postcode lotteries are meat and drink to journalists. Examples appear limitless and predominantly within state sectors, where they are symptomatic of the ineffectiveness of non-market allocations. With free-market trading, the tendency is for competition to eliminate differences; but that tendency is offset by uneven advances in technologies and provision. As competition eliminates one set of discrepancies, other sets inevitably emerge.
| Item Type: | Article |
|---|---|
| Journal or Publication Title: | Economic Affairs |
| Uncontrolled Keywords: | Competition ; innovation ; law of one price ; National Health Service ; socialism |
| Subjects: | H Social Sciences > HB Economic Theory |
| Departments: | Lancaster University Management School > Economics |
| ID Code: | 55021 |
| Deposited By: | ep_importer_pure |
| Deposited On: | 13 Jun 2012 11:03 |
| Refereed?: | Yes |
| Published?: | Published |
| Last Modified: | 26 Jul 2012 20:33 |
| Identification Number: | |
| URI: | http://eprints.lancs.ac.uk/id/eprint/55021 |
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