Rationing is a ―dirty word,‖1 ―a code word for immoral, inappropriate, or greedy,‖2 and ―a four letter word.‖3 And not surprisingly, rationing was at the forefront of the recent debate in the United States over health care reform. Former Governor Sarah Palin‘s Facebook page allegation4 that the Democrat‘s health care reform legislation included ―death panels,‖ which would ration care for the si...

We analyze a general model of rationing in which agents have baselines, in addition to claims against the (insufficient) endowment of the good to be allocated. Many reallife problems fit this general model (e.g., bankruptcy with prioritized claims, resource allocation in the public health care sector, water distribution in drought periods). We introduce (and characterize) a natural class of all...

Moulin (1999) characterizes the fixed-path rationing methods by efficiency, strategyproofness, consistency, and resource-monotonicity. In this note, we give a straightforward proof of his result.

In this paper, we introduce non-interest profit/loss sharing (PLS) banks into a three-period overlapping generations model. Two types, (low- and high quality) investments are assumed and capital accumulation and level of output in the steady state is considered. Then, administrative rationing is introduced to the model. It is shown that the level of capital accumulation and output in equilibriu...

Objectives. The purpose of the study is to determine level rationing nursing care and its relationship nurses’ perception their practice environment. Methods. employed a descriptive, cross-sectional design. Basel Extent Rationing Nursing Care (BERNCA) was administered assess while Practice Environment Scale Work Index (PES-NWI) used describe A total 147 nurses participated in study. Multiple re...

To the Editor: In their Perspective article, Ladin and Hanto (Aug. 15 issue)1 misrepresent the lung-allocation policy of the Organ Procurement and Transplantation Network (OPTN) by stating that candidates younger than 12 years of age are restricted to receiving lungs from donors younger than 12 years of age. In fact, within each organ procurement organization (OPO), lungs from donors younger th...

The standard model of pass-through in imperfectly competitive markets focuses on double marginalization of rents and highlights the importance of the curvature of demand curve. We develop a model of equilibrium prices in a supply chain with financing intermediaries to incorporate credit rationing faced by wholesale traders. The financing intermediaries help relax the quantitative credit limits ...