Wasteful resource allocations hindering household welfare, but we can do better!
The goal of the article is to find the most efficient way to allocate resources for the benefit of households. The researchers identified that many resource allocations are wasteful and can be improved. They found that some inefficiencies occur when resources are not used effectively or when the mix of goods and services is not distributed optimally among consumers. By addressing these inefficiencies, we can improve the overall welfare of households.