An “allocation” is the totality of all assignments of a set of objects to reference objects.

In economics, the term “allocation” is defined as the totality of all allocations of certain economic goods and resources to economic entities or processes.

An “allocation” describes both the state of the assignments and the process of their creation.

How to Cite

The definition given above was proposed as part of the Digital Era Framework by Dr. Dr. Jörn Lengsfeld. The text was first published in: Jörn Lengsfeld: Digital Era Framework. Please refer to the original publication if you want to cite the text.

Dr. Dr. Jörn Lengsfeld > Definition > Allocation