Rationing Rules Under Uncertain Claims: A Survey

Sinan Ertemel; Rajnish Kumar

doi:10.1007/978-981-16-4737-6_10

Rationing Rules Under Uncertain Claims: A Survey

Sinan Ertemel^*, Rajnish Kumar

^*Bu çalışma için yazışmadan sorumlu yazar

Araştırma sonucu: Kitap/Rapor/Konferans Bildirisinde Bölüm › Bölüm › bilirkişi

1 Atıf (Scopus)

Özet

We survey a recent line of literature that studies rationing rules when individuals have uncertain claims which can be represented as state-contingent claims or probability distributions. A rule must distribute shares before uncertainty resolves. We introduce proportional rules, parametric rules, equal-quantile rules, and expected waste-constrained uniform gains rules in this framework. We provide an axiomatic characterization of these rules using adaptations of standard axioms in the literature and some new axioms pertaining to uncertainty.

Orijinal dil	İngilizce
Ana bilgisayar yayını başlığı	Indian Statistical Institute Series
Yayınlayan	Springer Science and Business Media B.V.
Sayfalar	177-199
Sayfa sayısı	23
DOI'lar	https://doi.org/10.1007/978-981-16-4737-6_10
Yayın durumu	Yayınlandı - 2021
Harici olarak yayınlandı	Evet

Yayın serisi

Adı	Indian Statistical Institute Series
ISSN (Basılı)	2523-3114
ISSN (Elektronik)	2523-3122

Bibliyografik not

Publisher Copyright:
© 2021, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

Finansman

We are grateful to Jingyi Xue for her many valuable comments and suggestions. We also would like to thank the two referees whose suggestions have helped improve this chapter. Rajnish Kumar acknowledges the financial support provided by British Council, UK, Grant UGC-UKIERI 2016-17-059.

Finansörler	Finansör numarası
British Council	UGC-UKIERI 2016-17-059

Belgeye Erişim

10.1007/978-981-16-4737-6_10

Diğer Dosyalar ve Linkler

Link to publication in Scopus

Alıntı Yap

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KW - parametric rules

KW - proportional rules

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KW - risk

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EP - 199

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PB - Springer Science and Business Media B.V.

ER -

Rationing Rules Under Uncertain Claims: A Survey

Özet

Yayın serisi

Bibliyografik not

Finansman

Belgeye Erişim

Diğer Dosyalar ve Linkler

Parmak izi

Alıntı Yap