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Rationing a commodity along fixed paths

Article Abstract:

A study was conducted to analyze the rationing of a commodity along fixed paths. The set of fixed path rationing techniques was determined by four properties, namely, efficiency, strategy-proofness, resource monotonicity and consistency. The fixed-path rationing method supported the allocation of an overdemanded good along a path not dependent of individual demands. Moreover, the rationing method supported individual peaks for a number of condition.s

Author: Moulin, Herve
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 1999
Research, Analysis, Commodities, Rationing

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Probabilities of preferences and cycles with super majority rules

Article Abstract:

A probabilistic model of population preference analyzes the relationship between the behavior of the sample median and voting results. The probability of the Condorcet cycle approaches zero as n increases in supermajority voting conditions. The proposed framework also formulated a probability distribution of agent preferences instead of randomly drawing a finite sample in a probabilistic distribution.

Author: Tovey, Craig A.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 1997
Research and Development in the Physical, Engineering, and Life Sciences, Statistics, Models, Statistics (Data), Voting research, Statistics (Mathematics)

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Subjects list: Economics
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