TY  - JOUR
AB  - Discusses the concept of a well‐functioning economy and attempts to define its principal properties. Examines some aspects of rules of decision making that are essential for the generation of optimal decisions. Brings together the selected properties of a well‐functioning economy and the characteristics of decision making, in order to shed light on how a well‐designed decision‐making system can produce an economy that functions and performs well. Comments on the failure of central planning in eastern Europe and the former Soviet Union.
VL  - 23
IS  - 4/5/6
SN  - 0306-8293
DO  - 10.1108/03068299610121804
UR  - https://doi.org/10.1108/03068299610121804
AU  - Haddad Louis
PY  - 1996
Y1  - 1996/01/01
TI  - The characteristics of decision making in a well‐functioning economy
T2  - International Journal of Social Economics
PB  - MCB UP Ltd
SP  - 207
EP  - 220
Y2  - 2024/05/05
ER  -