Hougaard, Jens L.; Moreno-Ternero, Juan D.; Osterdal, … - Departamento de Economía, Universidad Pablo de Olavide - 2012
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...