Axiomatic characterizations of the constrained equal awards solution for rationing problems

Axiomatic characterizations of the constrained equal awards solution for rationing problems

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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:
Keywords: programming: multiple criteria
Abstract:

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.

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