Publication Type
Working Paper
Version
publishedVersion
Publication Date
10-2019
Abstract
We study resource allocation in the face of uncertain needs. We extend Young (1987)’s parametric rules to the uncertain context. We re-establish the axiomatic char-acterization of parametric rules and show the optimality of the rules.
Discipline
Economic Theory
Research Areas
Economic Theory
First Page
1
Last Page
12
Publisher
SMU Economics and Statistics Working Paper Series, Paper No. 20-2019
Citation
LONG, Yan and XUE, Jingyi.
Parametric rationing with uncertain needs. (2019). 1-12.
Available at: https://ink.library.smu.edu.sg/soe_research/2300
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.