Parametric rationing with uncertain needs
We study resource allocation in the face of uncertain needs. We extend Young (1987)’s parametric rules to the uncertain context. We re-establish the axiomatic char-acterization of parametric rules and show the optimality of the rules.
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sg-smu-ink.soe_research-32992019-10-24T03:16:39Z Parametric rationing with uncertain needs LONG, Yan XUE, Jingyi We study resource allocation in the face of uncertain needs. We extend Young (1987)’s parametric rules to the uncertain context. We re-establish the axiomatic char-acterization of parametric rules and show the optimality of the rules. 2019-10-06T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/soe_research/2300 https://ink.library.smu.edu.sg/context/soe_research/article/3299/viewcontent/parametric_rationing_with_uncertain_needs_.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Economic Theory |
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Economic Theory LONG, Yan XUE, Jingyi Parametric rationing with uncertain needs |
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We study resource allocation in the face of uncertain needs. We extend Young (1987)’s parametric rules to the uncertain context. We re-establish the axiomatic char-acterization of parametric rules and show the optimality of the rules. |
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text |
author |
LONG, Yan XUE, Jingyi |
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LONG, Yan XUE, Jingyi |
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LONG, Yan |
title |
Parametric rationing with uncertain needs |
title_short |
Parametric rationing with uncertain needs |
title_full |
Parametric rationing with uncertain needs |
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Parametric rationing with uncertain needs |
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Parametric rationing with uncertain needs |
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parametric rationing with uncertain needs |
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Institutional Knowledge at Singapore Management University |
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2019 |
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https://ink.library.smu.edu.sg/soe_research/2300 https://ink.library.smu.edu.sg/context/soe_research/article/3299/viewcontent/parametric_rationing_with_uncertain_needs_.pdf |
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