Talman, Dolf; Herings, P.J.J.; van der Laan, G.; … - Tilburg University, Center for Economic Research - 1994
equilibrated by means of quantity rationing on demand and supply. Keeping markets in equilibrium through rationing, we provide an … adjustment process in prices and quantities converging from a trivial equilibrium with complete demand rationing on all non … increased. Rationing schemes are adjusted to keep markets in equilibrium. Doing so the process reaches a short run equilibrium …
