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Micro Theme 1
Price Mechanism
ARSI
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Created by
Anirudh Kothwal
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Cards (8)
A -
Allocates Scarce
Resources
Efficiently
A - Arsi
Allocates Scarce Resources Efficiently
R
- Rations Excess
Supply
/
Demand
R
Rations Excess
Supply
/ Demand
S -
Signals Price
is to high or to low to
Producers
S
S -
Signals Price
is to
high
or to
low
to
Producers
I -
Incentives
for producers to
change price
ARS(I)
Incentives
for
producers
to
change price