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Persistent link: https://www.econbiz.de/10012310166
An extension of the standard rationing model is introduced. Agents are not only identi fied by their respective claims over some amount of a scarce resource, but also by some payoff thresholds. These thresholds introduce exogenous differences among agents (full or partial priority, past...
Persistent link: https://www.econbiz.de/10010765986