Hougaard, Jens L.; Moreno-Ternero, Juan D.; Østerdal, … - Departamento de Teoría e Historia Económica, Facultad … - 2011
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 extended model (e.g., bankruptcy with prioritized claims, resource allocation in the public health care...