Constrained multi-issue rationing problems

dc.contributor.authorIzquierdo Aznar, Josep Maria
dc.contributor.authorTimoner Lledó, Pere
dc.date.accessioned2016-09-09T08:07:21Z
dc.date.available2016-09-09T08:07:21Z
dc.date.issued2016
dc.date.updated2016-09-09T08:07:26Z
dc.description.abstractWe study a variant of the multi-issue rationing model, where agents claim for several issues. In this variant, the available amount of resource intended for each issue is constrained to an amount fixed a priori according to exogenous criteria. The aim is to distribute the amount corresponding to each issue taking into account the allocation for the rest of issues (issue-allocation interdependence). We name these problems constrained multi-issue allocation situations (CMIA). In order to tackle the solution to these problems, we first reinterpret some single-issue egalitarian rationing rules as a minimization program based on the idea of finding the feasible allocation as close as possible to a specific reference point. We extend this family of egalitarian rules to the CMIA framework. In particular, we extend the constrained equal awards rule, the constrained equal losses rule and the reverse Talmud rule to the multi-issue rationing setting, which turn out to be particular cases of a family of rules, namely the extended α-egalitarian family. This family is analysed and characterized by using consistency principles (over agents and over issues) and a property based on the Lorenz dominance criterion.
dc.format.extent68 p.
dc.format.mimetypeapplication/pdf
dc.identifier.issn1136-8365
dc.identifier.urihttps://hdl.handle.net/2445/101684
dc.language.isoeng
dc.publisherUniversitat de Barcelona. Facultat d'Economia i Empresa
dc.relation.ispartofUB Economics – Working Papers, 2016, E16/347
dc.relation.ispartofseries[WP E-Eco16/347]
dc.rightscc-by-nc-nd, (c) Izquierdo Aznar et al., 2016
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/
dc.sourceUB Economics – Working Papers [ERE]
dc.subject.classificationRacionament del consum
dc.subject.classificationIgualtat
dc.subject.classificationFallida
dc.subject.classificationEquilibri (Economia)
dc.subject.classificationCompetència econòmica
dc.subject.otherRationing
dc.subject.otherEquality
dc.subject.otherBankruptcy
dc.subject.otherEquilibrium (Economics)
dc.subject.otherCompetition
dc.titleConstrained multi-issue rationing problems
dc.typeinfo:eu-repo/semantics/workingPaper

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