Inequality Preserving Rationing

Jens Leth Hougaard, Lars Peter Østerdal

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Abstrakt

The present paper considers rationing problems interpreted as, e.g., bankruptcy problems or taxation problems. We demonstrate that among continuous and order-preserving rationing methods, the proportional method is the only rationing method that preserves inequality in both gains and losses.
OriginalsprogEngelsk
TidsskriftEconomics Letters
Vol/bind87
Udgave nummer3
Sider (fra-til)355–360
ISSN0165-1765
DOI
StatusUdgivet - 2005
Udgivet eksterntJa

Emneord

  • Rationing
  • Inequality preservation
  • Taxation
  • Manipulation
  • Proportional method

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