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The Welfare Cost of Rationing-by-Queuing across Markets: Theory and Estimates from the U.S. Gasoline Crises

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  • Frech, H E, III
  • Lee, William C

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Bibliographic Info

Article provided by MIT Press in its journal Quarterly Journal of Economics.

Volume (Year): 102 (1987)
Issue (Month): 1 (February)
Pages: 97-108

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Handle: RePEc:tpr:qjecon:v:102:y:1987:i:1:p:97-108

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Web page: http://mitpress.mit.edu/journals/

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Cited by:
  1. Reiffen, David & Buyuksahin, Bahattin, 2010. "The puzzle of privately-imposed price limits: are the limits imposed by financial exchanges effective?," MPRA Paper 35927, University Library of Munich, Germany.
  2. Jordi Galí, 2011. "Comment on "Oil, Automobiles, and the US Economy: How Much Have Things Really Changed?"," NBER Chapters, in: NBER Macroeconomics Annual 2010, Volume 25, pages 369-373 National Bureau of Economic Research, Inc.
  3. Lucas W. Davis & Lutz Kilian, 2008. "The Allocative Cost of Price Ceilings in the U.S. Residential Market for Natural Gas," NBER Working Papers 14030, National Bureau of Economic Research, Inc.
  4. James T. Moser, 2002. "The immediacy implications of exchange organization," Working Paper Series WP-02-09, Federal Reserve Bank of Chicago.
  5. David H. Autor & Christopher J. Palmer & Parag A. Pathak, 2014. "Housing Market Spillovers: Evidence from the End of Rent Control in Cambridge, Massachusetts," Journal of Political Economy, University of Chicago Press, vol. 122(3), pages 661 - 717.
  6. Luttmer, Erzo F. P., 2007. "Does the Minimum Wage Cause Inefficient Rationing?," Working Paper Series rwp07-018, Harvard University, John F. Kennedy School of Government.
  7. Jessica Wolpaw Reyes, 2006. "Do Female Physicians Capture Their Scarcity Value? The Case of OB/GYNs," NBER Working Papers 12528, National Bureau of Economic Research, Inc.
  8. Fleck, Robert K., 2014. "Can prohibitions on “price gouging” reduce deadweight losses?," International Review of Law and Economics, Elsevier, vol. 37(C), pages 100-107.
  9. Kisswani, Khalid/ M., 2011. "The effects of the U.S. price control policies on OPEC: lessons from the past," MPRA Paper 34624, University Library of Munich, Germany.

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