On fixed-path rationing methods. (Q1867538): Difference between revisions
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Latest revision as of 13:39, 5 June 2024
scientific article
| Language | Label | Description | Also known as |
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| English | 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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