Rationing in the presence of baselines

نویسندگان

  • Jens Leth Hougaard
  • Juan D. Moreno-Ternero
  • Lars Peter Østerdal
چکیده

We analyze a general model of rationing in which agents have baselines, in addition to claims against the (insufficient) endowment of the good to be allocated. Many reallife problems fit this general model (e.g., bankruptcy with prioritized claims, resource allocation in the public health care sector, water distribution in drought periods). We introduce (and characterize) a natural class of allocation methods for this model. Any method within the class is associated with a rule in the standard rationing model, and we show that if the latter obeys some focal properties, the former obeys them too. JEL numbers: D63.

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عنوان ژورنال:
  • Social Choice and Welfare

دوره 40  شماره 

صفحات  -

تاریخ انتشار 2013