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Rationing problems with ex-ante conditions

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  • Timoner, Pere
  • Izquierdo, Josep M.

Abstract

An extension of the standard rationing model is introduced. Agents are not only identified by their respective claims to some amount of a scarce resource, but also by some exogenous ex-ante conditions (initial stock of resource or net worth of agents, for instance), other than claims. Within this framework, we define a generalization of the constrained equal awards rule and provide two different characterizations of this generalized rule. Finally, we use the corresponding dual properties to characterize a generalization of the constrained equal losses rule.

Suggested Citation

  • Timoner, Pere & Izquierdo, Josep M., 2016. "Rationing problems with ex-ante conditions," Mathematical Social Sciences, Elsevier, vol. 79(C), pages 46-52.
    • Handle: RePEc:eee:matsoc:v:79:y:2016:i:c:p:46-52
    DOI: 10.1016/j.mathsocsci.2015.11.001
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    References listed on IDEAS

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    Cited by:

    1. Juan D. Moreno-Ternero, 2017. "A Talmudic approach to bankruptcy problems," CORE Discussion Papers RP 2914, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    2. René Brink & Juan D. Moreno-Ternero, 2017. "The reverse TAL-family of rules for bankruptcy problems," Annals of Operations Research, Springer, vol. 254(1), pages 449-465, July.
    3. repec:eee:ejores:v:269:y:2018:i:1:p:5-15 is not listed on IDEAS

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