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

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