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

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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.

IIMA