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An allocation's ordinal efficiency deficit (OED) is defined as the greatest ordinal efficiency loss that can result from its application. More precisely, an allocation's OED is the negative of the greatest total amount by which it may be stochastically dominated by another feasible allocation....
Persistent link: https://www.econbiz.de/10008694148
Pareto dominated by another feasible allocation. Given an undominated allocation, we use the tools of linear duality theory …
Persistent link: https://www.econbiz.de/10008853071
Pareto dominated by another feasible allocation. Given an undominated allocation, we use the tools of linear duality theory …
Persistent link: https://www.econbiz.de/10010279600