Without denying the importance of asymmetric information, this article purports the view that credit rationing may also originate from a lender’s inability to classify loan applications into proper risk categories. Although particularly prominent when novel technologies or novel institutional arrangements arise, lack of appropriate categories may affect any request of money lending, making cred...

I n the past three years, expanding access to antiretroviral therapy (ART) for HIV/AIDS has become a global objective and a national priority for many countries in sub-Saharan Africa. Large-scale treatment programs have been launched in countries spanning the continent from Lesotho to Ghana, paid for by domestic funds mobilized by African governments and by international donor contributions. Wh...

Perceptions of inequity and excess have given rise to a debate over whether policymakers should consider some form of rationing as a means of achieving a more just healthcare system. Three factors will be critical in determining whether the policies ultimately developed will be just and equitable. First, participants must grasp relevant facts involving the current distribution of healthcare ser...

Healthcare rationing means the equitable distribution of limited healthcare resources. The means of distribution and the manner in which these choices are made varies depending on each person's perspective. Rationing already occurs in the United States in areas such as organ transplantation.

This paper will analyze capital rationing on Tambura Insert PCP, which is currently in preparation. To prolong field production time, the company needs to find a most profitable method produce oil gas has no artificial list infrastructure installed. One of possible options using Progressive Cavity Pump or PCP well lift from down hole surface. driven by surface motor installed at wellhead, above...

Title of Thesis: IMPLEMENTING AND EVALUATING ALTERNATIVE AIRSPACE RATIONING METHODS Degree candidate: Jason Matthew Burke Degree and year: Master of Science, 2002 Thesis directed by: Professor Michael O. Ball Institute for Systems Research While airport congestion has long been viewed as a major air traffic management problem in the United States, congestion in the en route airspace is drawing ...

BACKGROUND Societal preferences have to be taken into consideration to ensure difficult healthcare decisions are legitimate and acceptable. It has been interesting to ascertain whether attitudes towards the principles of public healthcare resources allocation are homogenous. In particular, it has been thought provoking to ask whether advancement in medical technologies, and growing accessibilit...

A Constitutional Theory of the Family The paper re-examines the idea that a family can be viewed as a community governed by a self-enforcing constitution, and extends existing results in two directions. First, it identifies circumstances in which a constitution is renegotiation-proof. Second, it introduces parental altruism. The behavioural and policy implications are illustrated by showing the...

This paper proposes an alternative explanation to recurrent hyperinflations other than bounded rationality by explicitly considering the global dynamics of an economy with credit market frictions. In this paper we show that hyperinflations are self-generated and are manifestations of the underlying global dynamic properties of an economy with perfect foresight rational agents that face credit r...