Efficient and Competitive Rationing

DOI10.2307/1912571zbMath0666.90016OpenAlexW4253129917MaRDI QIDQ3818773

Robert Wilson

Publication date: 1989

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/8032e96b604d12bb5422d5abc2fd046f47a44cc1

zbMATH Keywords

price dispersionproduct differentiationRationingPriority service

Mathematics Subject Classification ID

Queues and service in operations research (90B22) Microeconomic theory (price theory and economic markets) (91B24) Inventory, storage, reservoirs (90B05)

Related Items (12)

Competition among sellers who offer auctions instead of prices ⋮ Nonlinear pricing with finite information ⋮ Assortative matching by lottery contests ⋮ Communication and efficiency in auctions ⋮ Mechanism design with a restricted action space ⋮ The choice of the number of varieties: justifying simple mechanisms ⋮ Generalized coarse matching ⋮ Limits of exact equilibria for capacity constrained sellers with costly search. ⋮ Coarse matching with incomplete information ⋮ Optimal priority pricing by a durable goods monopolist ⋮ Optimal sales to users who hold inventory ⋮ The optimal mechanism for selling to a budget-constrained buyer

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