Inequality Preserving Rationing
AbstractThe present paper considers rationing problems interpreted as e.g. bankruptcy problems or taxation problems. We demonstrate that among the continuous and order-preserving rationing methods, theproportional method is the only rationing method that preserves inequality in both gains and losses.
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Bibliographic InfoPaper provided by University of Copenhagen. Department of Economics in its series Discussion Papers with number 04-23.
Length: 9 pages
Date of creation: Nov 2004
Date of revision:
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More information through EDIRC
rationing; inequality preservation; taxation; manipulation; proportional method;
Other versions of this item:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-11-22 (All new papers)
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Open Access publications from Katholieke Universiteit Leuven
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027, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
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