On fixed-path rationing methods. (Q1867538): Difference between revisions

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On fixed-path rationing methods.
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    On fixed-path rationing methods. (English)
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    2 April 2003
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    In [\textit{H. Moulin}, J. Econ. Theory 84, 41--72 (1999; Zbl 0917.90027)], fixed-path rationing methods are characterized by efficiency, strategy-proofness, consistency, and resource-monotonicity. Theorem (Moulin). A rule satisfies efficiency, strategy-proofness, consistency, and resource-monotonicity if and only if it is a fixed-path rationing method. In the note a straightforward proof of this theorem is given.
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    fixed-path rationing methods
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    efficiency
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    strategy-proofness
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    consistency
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    resource-monotonicity
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