{"title":"价格体系与定量配给:一个延伸","authors":"F. Rivera-batiz","doi":"10.2307/3003520","DOIUrl":null,"url":null,"abstract":"Elaborating on the analysis of Weitzman, this note examines how the comparative effectiveness of the price system vs. rationing is affected when planners face a cubic loss function. It is shown that the comparative advantage of the price system over rationing will depend on the skewness of income distribution as well as on the aversion of the planners towards underfulfillment of the consumers' allocation plan.","PeriodicalId":177728,"journal":{"name":"The Bell Journal of Economics","volume":"38 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":"{\"title\":\"The Price System vs. Rationing: An Extension\",\"authors\":\"F. Rivera-batiz\",\"doi\":\"10.2307/3003520\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Elaborating on the analysis of Weitzman, this note examines how the comparative effectiveness of the price system vs. rationing is affected when planners face a cubic loss function. It is shown that the comparative advantage of the price system over rationing will depend on the skewness of income distribution as well as on the aversion of the planners towards underfulfillment of the consumers' allocation plan.\",\"PeriodicalId\":177728,\"journal\":{\"name\":\"The Bell Journal of Economics\",\"volume\":\"38 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"1900-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"3\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"The Bell Journal of Economics\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2307/3003520\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"The Bell Journal of Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2307/3003520","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Elaborating on the analysis of Weitzman, this note examines how the comparative effectiveness of the price system vs. rationing is affected when planners face a cubic loss function. It is shown that the comparative advantage of the price system over rationing will depend on the skewness of income distribution as well as on the aversion of the planners towards underfulfillment of the consumers' allocation plan.
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