condition that aprice will be on its upper or lower bound in case of rationing. Therefore we introduce a moregeneral equilibrium … concept, called Quantity Constrained Equilibrium (QCE). At such an equilibriumthe levels of supply and demand rationing are … not being rationed, and also a generalizedsupply-constrained equilibrium without demand rationing. We apply this main …

rationing the supply of the goods. This article compares the efficiency of these institutions. We report the results of a 2x2 … introduce either taxation or rationing. Each treatment is subjected to two conditions: the burden of the deficit is either …-riding. Individualized taxation brings the voluntary contributions closer to the optimum while uniform rationing appears to be the worst …

The first goal of the present work focuses on the need for different rationing methods of the The Global Change and … contains a variety of rationing methods to be ap- plied to micro-economic disequilibrium models of the lagom model family. This … toolbox consists of well known rationing methods, and of rationing methods provided specifically for lagom. To ensure an easy …

This paper analyzes Jon Elster's work on local justice. The topic of local justice is rationing: the decentralized in …

rationing of excessive demand is not optimal. It describes the characteristics that rationing of excessive demand has to imply …

This paper investigates whether the minimum wage leads to inefficient job rationing. By not allowing wages to clear the … rationing by examining whether the reservation wages of employed unskilled workers in states where the 1990-1991 federal minimum …