Results 51 to 60 of about 120,336 (195)
Non-Trivial Equilibrium in an Economy With Stochastic Rationing [PDF]
Stochastic rationing when the market does not clear draws attention because both Dreze (1975) and Benassy (1975) quantity-constrained equilibria have some undesirable features. Gale (1978)gave the existence proof of trade under uncertainty.
Seppo Honkapohja, Takatoshi Ito
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Известия высших учебных заведений: Проблемы энергетики, 2019 The article deals with the issue of assessing the possibility of ensuring the quality of electricity in terms of voltage deviation by consumers. The analysis of the characteristics of modern markets, energy and power.
N. V. Savina, N. S. Bodrug
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Revista de Bioética y Derecho, 2020 Allocation of health resources has an irreducible ethical dimension, thus cannot be decided only technically, but must be ethically weighed, what paradigmatic experiences of macro (Oregon Basic Health Services Act, 1989) and micro allocation (God’s ...
Maria do Céu Patrão Neves
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Equilibrium adjustment of disequilibrium prices [PDF]
We consider an exchange economy in which price rigidities are present. In the short run the non-numeraire commodities have a exible price level with respect to the numeraire commodity but their relative prices are mutually fixed.
Herings, P.J.J. +3 more
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Rationing Health Care and the Role of the 'Acute Principle' [PDF]
In several works, Hartmut Kliemt has developed an original account on the necessity of rationing health care and on how a rationing policy should be carried out. While I agree on several important points of that view, there is one important aspect of his
Eduardo Rivera-Lopez
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Are rational expectations really rational? [PDF]
Economics Letters, 1992 Abstract This article investigates whether ‘rational expectations’ are really rational, i.e. whether they maximize agents' utilities in some way. For that purpose we construct a model where each agent may have a whole array of expectations schemes, including the rational expectations one.
openaire +1 more source
Improving the System of Electricity Consumption Rationing [PDF]
MATEC Web of ConferencesThe main tool for reducing energy consumption in train traction is the construction of such a system of electricity consumption rationing, which will allow to reliably analyse and forecast energy consumption.
Arpul Serhii +3 more
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Inequality Preserving Rationing [PDF]
The present paper considers rationing problems interpreted as e.g. bankruptcy problems or taxation problems. We demonstrate that among the continuous and order-preserving rationing methods, theproportional method is the only rationing method that ...
Jens Leth Hougaard, Lars Peter Østerdal
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I extend DeGraba's model of buying frenzies. I identify conditions under which buying frenzies are the only possible equilibrium and under which rationing occurs in equilibriumBuying Frenzy ...
Pascal Courty
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Rationing Antiretroviral Therapy for HIV/AIDS in Africa: Efficiency, Equity, and Reality [PDF]
, 2010 Background: Rationing of access to antiretroviral therapy already exists in sub-Saharan Africa and will intensify as national treatment programs develop.
Collier, Alizanne +3 more
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