Rationing problems with ex-ante conditions

Pere Timoner and Josep M. Izquierdo

Mathematical Social Sciences, 2016, vol. 79, issue C, 46-52

Abstract: An extension of the standard rationing model is introduced. Agents are not only identified by their respective claims to some amount of a scarce resource, but also by some exogenous ex-ante conditions (initial stock of resource or net worth of agents, for instance), other than claims. Within this framework, we define a generalization of the constrained equal awards rule and provide two different characterizations of this generalized rule. Finally, we use the corresponding dual properties to characterize a generalization of the constrained equal losses rule.

Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165489615001031
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:matsoc:v:79:y:2016:i:c:p:46-52

DOI: 10.1016/j.mathsocsci.2015.11.001

Access Statistics for this article

Mathematical Social Sciences is currently edited by J.-F. Laslier

More articles in Mathematical Social Sciences from Elsevier
Bibliographic data for series maintained by Catherine Liu ().