Inequality Preserving Rationing

Lars Peter Østerdal and Jens Hougaard ()

No 04-23, Discussion Papers from University of Copenhagen. Department of Economics

Abstract: The present paper considers rationing problems interpreted as e.g. bankruptcy problems or taxation problems. We demonstrate that among the continuous and order-preserving rationing methods, theproportional method is the only rationing method that preserves inequality in both gains and losses.

Keywords: rationing; inequality preservation; taxation; manipulation; proportional method (search for similar items in EconPapers)
JEL-codes: C71 D31 H24 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2004-11
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http://www.econ.ku.dk/english/research/publications/wp/2004/0423.pdf/ (application/pdf)

Related works:
Journal Article: Inequality preserving rationing (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:kud:kuiedp:0423

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