Article ID: | iaor20013944 |
Country: | Netherlands |
Volume: | 131 |
Issue: | 1 |
Start Page Number: | 162 |
End Page Number: | 170 |
Publication Date: | May 2001 |
Journal: | European Journal of Operational Research |
Authors: | Lahiri Somdeb |
Keywords: | programming: multiple criteria |
Situations abound in the real world, where aggregate demand for a commodity exceeds aggregate supply. When such situations of excess demand occur, what is required is some kind of rationing. The literature on rationing problems has an interesting origin in the Babylonian Talmud. The purpose of this paper is to characterize axiomatically and analyze the constrained equal award solution for rationing problems.