We introduce a new operator for general rationing problems in which, besides conflicting claims, individual baselines … play an important role in the rationing process. The operator builds onto ideas of composition, which are not only frequent … in rationing, but also in related problems such as bargaining, choice, and queuing. We characterize the operator and show …

In a recent paper, Thomson and Yeh [Operators for the adjudication of conflicting claims, Journal of Economic Theory … claims. They focussed on three operators in order to uncover the structure of such a space. In this paper, we generalize … 143 (2008) 177-198] introduced the concept of operators on the space of rules for the problem of adjudicating conflicting …

In a recent paper, Thomson and Yeh [Operators for the adjudication of conflicting claims, Journal of Economic Theory … claims. They focussed on three operators in order to uncover the structure of such a space. In this paper, we generalize … 143 (2008) 177-198] introduced the concept of operators on the space of rules for the problem of adjudicating conflicting …

In a recent paper, Thomson and Yeh [Operators for the adjudication of conflicting claims, Journal of Economic Theory … claims. They focussed on three operators in order to uncover the structure of such a space. In this paper, we generalize … 143 (2008) 177-198] introduced the concept of operators on the space of rules for the problem of adjudicating conflicting …

In a recent paper, Thomson and Yeh [Operators for the adjudication of conflicting claims, Journal of Economic Theory … claims. They focussed on three operators in order to uncover the structure of such a space. In this paper, we generalize … 143 (2008) 177-198] introduced the concept of operators on the space of rules for the problem of adjudicating conflicting …

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 … rationing model, and we show that if the latter obeys some focal properties, the former obeys them too. …

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 … rationing model, and we show that if the latter obeys some focal properties, the former obeys them too. …

We introduce a new operator for general rationing problems in which, besides conflicting claims, individual baselines … play an important role in the rationing process. The operator builds onto ideas of composition, which are not only frequent … in rationing, but also in related problems such as bargaining, choice, and queuing. We characterize the operator and show …

We introduce a new operator for general rationing problems in which, besides conflicting claims, individual baselines … play an important role in the rationing process. The operator builds onto ideas of composition, which are not only frequent … in rationing, but also in related problems such as bargaining, choice, and queuing. We characterize the operator and show …

In a recent paper, Thomson and Yeh [Thomson, W., Yeh, C.-H., 2008. Operators for the adjudication of conflicting claims … adjudicating conflicting claims. They focused on three operators in order to uncover the structure of such a space. In this paper …. Journal of Economic Theory 143, 177–198] introduced the concept of operators on the space of rules for the problem of …