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Dieser Beitrag untersucht die Arbeiten von Jon Elster zum Problem lokaler Gerechtigkeit. Das Thema dieser Arbeiten sind Rationierungsentscheidungen. Es geht um die Allokation und Distribution knapper Zuteilungsgüter, also etwa um die Vergabe von Kindergarten- oder Studienplätzen, die Zuweisung...
Persistent link: https://www.econbiz.de/10011758000
versusquantity discrimination (rationing). Previous results in theliterature (Benveniste and Wilhelm, 1990) show that the issuing … through a uniform priceacross institutional investors and a uniform rationing, whenappropriate. …
Persistent link: https://www.econbiz.de/10010325003
Excessive waiting times for elective surgery have been a long-standing concern in many national healthcare systems in the OECD. How do the hospital admission patterns that generate waiting lists affect different patients? What are the hospitals characteristics that determine waiting times? By...
Persistent link: https://www.econbiz.de/10011599851
This study extends the current New Keynesian modeling framework by changing one crucial aspect: it replaces the general equilibrium assumption by the arguably more realistic assumption of macroeconomic disequilibrium. As a result, more complex and less smooth macroeconomic adjustment dynamics...
Persistent link: https://www.econbiz.de/10011991476
Many retailers find it useful to partition customers into multiple classes based on certain characteristics. We consider the case in which customers are primarily distinguished by whether they are willing to wait for backordered demand. A firm that faces demand from customers that are...
Persistent link: https://www.econbiz.de/10009441307
experimental design includes two within-subject factors based on the theoretical model: the public sector rationing rule (rationing … based on need or severity versus rationing based on a random allocation) and the probability of being publicly treated (high …
Persistent link: https://www.econbiz.de/10010270270
is market-clearing. The other feasible trading institutions lead to rationing. To learn on which trading institutions to … the choice of institutions, market outcomes are determined by an equilibrium concept that allows for rationing. We find … that full coordination on the market-clearing institutions without any rationing is a stochastically stable outcome …
Persistent link: https://www.econbiz.de/10009471753
quantity rationing. The properties of Xetra auctions are investigated and possibilities to improve the auction mechanism are …
Persistent link: https://www.econbiz.de/10009452510
World War I played a key role in shaping modern housing policy. While in the pre-War era, there was virtually no housing policy, hostilities led to an almost immediate and comprehensive state intervention in the housing market, particularly among those engaged in the war. Originally, Russia went...
Persistent link: https://www.econbiz.de/10012199592
Pribble investigates the barter economies that developed in many of the labor camps established under the Khmer Rouge in Cambodia. When the Khmer Rouge abolished currency and markets in 1975, starving Cambodians created underground exchanges in labor camps throughout the country, bartering...
Persistent link: https://www.econbiz.de/10014520276