| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 9549170 | Economics Letters | 2005 | 6 Pages |
Abstract
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.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jens Leth Hougaard, Lars Peter Ãsterdal,