Advanced Search
MyIDEAS: Login to save this article or follow this journal

Queues, Rations, and Market: Comparisons of Outcomes for the Poor and the Rich

Contents:

Author Info

  • Sah, Raaj Kumar

Abstract

This paper presents a positive comparison of the outcomes of several alternative allocation systems (the queue system, convertible and nonconvertible rations, and the unhindered market) to distribute the limited quantity of a deficit good among heterogeneous individuals. The authors show that, for the poor, the ranking of systems (from better to worse) is: convertible rations, nonconvertible rations, the queue system, and nonintervention. The rich are found to be better off under nonintervention than under other systems. These and other results are notably robust not only to many parameters of the economy, but also to certain types of commodity taxes and administrative costs. Copyright 1987 by American Economic Association.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://links.jstor.org/sici?sici=0002-8282%28198703%2977%3A1%3C69%3AQRAMCO%3E2.0.CO%3B2-X&origin=repec
File Function: full text
Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by American Economic Association in its journal American Economic Review.

Volume (Year): 77 (1987)
Issue (Month): 1 (March)
Pages: 69-77

as in new window
Handle: RePEc:aea:aecrev:v:77:y:1987:i:1:p:69-77

Contact details of provider:
Email:
Web page: https://www.aeaweb.org/aer/
More information through EDIRC

Order Information:
Web: https://www.aeaweb.org/subscribe.html

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Michael Sattinger, 2002. "A Queuing Model of the Market for Access to Trading Partners," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(2), pages 533-548, May.
  2. Yeon-Koo Che & Ian Gale, 2006. "Market Versus Non-Market Assignment of Initial Ownership," Discussion Papers 0607-05, Columbia University, Department of Economics.
  3. Jeremy Clark & Bonggeun Kim, 2006. "Paying Vs. Waiting in the Pursuit of Specific Egalitarianism," Working Papers in Economics 06/08, University of Canterbury, Department of Economics and Finance.
  4. Ralph Bradburd & Stephen Sheppard & Joseph Bergeron & Eric Engler, 2004. "The Impact of Rent Controls in Non-Walrasian Markets: An Agent-Based Modeling Approach," Department of Economics Working Papers 2004-05, Department of Economics, Williams College, revised May 2005.
  5. Christoph Starke, 2012. "Serving the many or serving the most needy?," Economics of Governance, Springer, vol. 13(4), pages 365-386, December.
  6. Michael Alexeev & James Leitzel, 1999. "Income Distribution and Price Controls: Targeting a Social Safety Net During Economic Transition," William Davidson Institute Working Papers Series 281, William Davidson Institute at the University of Michigan.
  7. Stephen Coate, 1986. "Should Food Aid Be Given Away or Sold During a Famine?," Discussion Papers 701, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  8. Fridman, Alla, 1997. "Privatization and Price Liberalization: Comparative Analysis," Journal of Comparative Economics, Elsevier, vol. 24(3), pages 313-334, June.
  9. Souche, St├ęphanie & Raux, Charles & Croissant, Yves, 2012. "On the perceived justice of urban road pricing: An empirical study in Lyon," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(7), pages 1124-1136.
  10. Leitzel, Jim, 1998. " Goods Diversion and Repressed Inflation: Notes on the Political Economy of Price Liberalization," Public Choice, Springer, vol. 94(3-4), pages 255-66, March.
  11. Christoph Starke, 2010. "Serving the Many or Serving the Most Needy?," FEMM Working Papers 100002, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
  12. Alexeev, Michael & Sabyr, Lyaziza, 2004. "Black markets and pre-reform crises in former socialist economies," Economic Systems, Elsevier, vol. 28(1), pages 1-12, March.
  13. Jeremy Clark & Bonggeun Kim, 2006. "Differential Time and Money Pricing as a Mechanism for In-kind Redistribution," Working Papers in Economics 06/07, University of Canterbury, Department of Economics and Finance.
  14. Amal Sanyal, 2004. "Bribes in a Supply Line," Economica, London School of Economics and Political Science, vol. 71, pages 155-168, 02.
  15. Amitrajeet Batabyal, 2005. "On bribing and balking in a simple queuing model of resource allocation," Economics Bulletin, AccessEcon, vol. 16(1), pages 1-10.
  16. Dixon, Huw David, 1993. "Macroeconomic Equilibrium and Reform in a Transitional Economy," CEPR Discussion Papers 758, C.E.P.R. Discussion Papers.
  17. Djajic, Slobadan, 1999. "Shortages, Hoarding and Parallel-Market Premia in an Economy with Administered Prices," Review of Development Economics, Wiley Blackwell, vol. 3(1), pages 1-10, February.
  18. St├ęphanie Souche & Charles Raux, 2006. "Perception of the fairness of pricing," Post-Print halshs-00109055, HAL.
  19. Bennett, John, 1998. "Prices versus quantities and distributional inefficiency," Economics Letters, Elsevier, vol. 58(1), pages 63-67, January.
  20. Kulshreshtha, Praveen, 2007. "An efficiency and welfare classification of rationing by waiting in the presence of bribery," Journal of Development Economics, Elsevier, vol. 83(2), pages 530-548, July.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:aea:aecrev:v:77:y:1987:i:1:p:69-77. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jane Voros) or (Michael P. Albert).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.