Browsing Max Weber Programme (MWP) by Subject "provision and effects of"

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Browsing Max Weber Programme (MWP) by Subject "provision and effects of"

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    Title: Optimal Public Rationing: Price response and cost effectiveness  Author(s): GRASSI, Simona; MA, Ching-to Albert Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: We study optimal public rationing of an indivisible good and private sector price response. Consumers differ in their wealth and cost of provisions. Due to a limited budget, some consumers must be rationed. Public rationing ...