Rationing with baselines: the composition extension operator

Jens Leth Hougaard; Juan D. Moreno-Ternero; Lars Peter Raahave Østerdal

doi:10.1007/s10479-013-1471-8

Rationing with baselines: the composition extension operator

Jens Leth Hougaard, Juan D. Moreno-Ternero, Lars Peter Raahave Østerdal

Section for Production, Markets and Policy

9 Citations (Scopus)

Abstract

We introduce a new operator for general rationing problems in which, besides conflicting claims, individual baselines play an important role in the rationing process. The operator builds onto ideas of composition, which are not only frequent in rationing, but also in related problems such as bargaining, choice, and queuing. We characterize the operator and show how it preserves some standard axioms in the literature on rationing. We also relate it to recent contributions in such literature.

Original language	English
Journal	Annals of Operations Research
Volume	211
Issue number	1
Pages (from-to)	179-191
Number of pages	13
ISSN	0254-5330
DOIs	https://doi.org/10.1007/s10479-013-1471-8
Publication status	Published - Dec 2013

Access to Document

10.1007/s10479-013-1471-8

Cite this

@article{a38f1078af454efda67ef41c91d8953c,

title = "Rationing with baselines: the composition extension operator",

abstract = "We introduce a new operator for general rationing problems in which, besides conflicting claims, individual baselines play an important role in the rationing process. The operator builds onto ideas of composition, which are not only frequent in rationing, but also in related problems such as bargaining, choice, and queuing. We characterize the operator and show how it preserves some standard axioms in the literature on rationing. We also relate it to recent contributions in such literature.",

author = "Hougaard, {Jens Leth} and Moreno-Ternero, {Juan D.} and {\O}sterdal, {Lars Peter Raahave}",

year = "2013",

month = dec,

doi = "10.1007/s10479-013-1471-8",

language = "English",

volume = "211",

pages = "179--191",

journal = "Annals of Operations Research",

issn = "0254-5330",

publisher = "Springer",

number = "1",

}

TY - JOUR

T1 - Rationing with baselines

T2 - the composition extension operator

AU - Hougaard, Jens Leth

AU - Moreno-Ternero, Juan D.

AU - Østerdal, Lars Peter Raahave

PY - 2013/12

Y1 - 2013/12

N2 - We introduce a new operator for general rationing problems in which, besides conflicting claims, individual baselines play an important role in the rationing process. The operator builds onto ideas of composition, which are not only frequent in rationing, but also in related problems such as bargaining, choice, and queuing. We characterize the operator and show how it preserves some standard axioms in the literature on rationing. We also relate it to recent contributions in such literature.

AB - We introduce a new operator for general rationing problems in which, besides conflicting claims, individual baselines play an important role in the rationing process. The operator builds onto ideas of composition, which are not only frequent in rationing, but also in related problems such as bargaining, choice, and queuing. We characterize the operator and show how it preserves some standard axioms in the literature on rationing. We also relate it to recent contributions in such literature.

U2 - 10.1007/s10479-013-1471-8

DO - 10.1007/s10479-013-1471-8

M3 - Journal article

SN - 0254-5330

VL - 211

SP - 179

EP - 191

JO - Annals of Operations Research

JF - Annals of Operations Research

IS - 1

ER -

Rationing with baselines: the composition extension operator

Abstract

Access to Document

Fingerprint

Cite this