Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/6337
Title: Axiomatic characterizations of solutions for rationing problems
Authors: Lahiri, Somdeb
Keywords: Axiomatic characterizations;Rationing problems
Issue Date: 27-Jul-2010
Series/Report no.: WP;1996/1345
Abstract: Situations abound in the real world, where aggregate demand for a commodity exceeds aggregate supply. When such situations of excess demand occur, what is required is some kind of rationing. The literature on rationing problems has an interesting origin in the Babylonian Talmud. The purpose of this paper is to characterize axiomatically and analyze some Talmudic Solutions for rationing problems.
URI: http://hdl.handle.net/11718/6337
Appears in Collections:Working Papers

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