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Is the Price System or Rationing More Effective in Getting a Mask to Those Who Need It Most?
Weitzman’s classic insight on the virtues of allocating a scarce good via the price system or through rationing is applied to the problem of distributing masks, when the use of a mask provides a positive external benefit. I show that if a market leaves some individuals without a mask (when potential...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Springer Netherlands
2020
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7399590/ https://www.ncbi.nlm.nih.gov/pubmed/32836845 http://dx.doi.org/10.1007/s10640-020-00485-2 |