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We introduce a new operator for general rationing problems in which, besides conflicting claims, individual baselines play an important role in the rationing process. The operator builds onto ideas of composition, which are not only frequent in rationing, but also in related problems such as...
Persistent link: https://www.econbiz.de/10010611662
We consider the problem of assigning agents to a facility, represented by slots on a line, where only one agent can be served at a time. There is a finite number of agents, and each one wants to be served as close as possible to his preferred slot. We first consider deterministic assignment of...
Persistent link: https://www.econbiz.de/10010818957
We analyze a general model of rationing in which agents have baselines, in addition to claims against the (insufficient) endowment of the good to be allocated. Many real-life problems fit this general model (e.g., bankruptcy with prioritized claims, resource allocation in the public health care...
Persistent link: https://www.econbiz.de/10010818971