A Comment on the Adjusted Proportional Solution for Rationing Problem
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Research & Publications
A Comment on the Adjusted Proportional Solution for Rationing Problem
01/08/1996
A Comment on the Adjusted Proportional Solution for Rationing Problem
Lahiri Somdeb
Working Papers & Projects
In this paper we obtain a simple expression for the adjusted proportional solution for rationing problems, when a fixed supply of an infinitely divisible good has to be divided only among two people, and when their demands exceed supply.