A RANDOM RATIONING MECHANISM WHICH REDUCES THE RISKS OF NO SON LEFT AT HOME

Lotteries can be used to meet shortages in military-manpower-demanding situations before and during a large-scale war. By developing a new lottery mechanism that is fair in that everyone has the same success rate, the approach adopted in this paper is able to outperform the traditional lottery by generating extra rents in such a way that brothers or similar close family members can choose to maximize the chance that at least one person stays home, thereby reducing social cost. We use 2010 data for three war hot zones - namely, South Korea, Colombia and Taiwan - as examples.

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Year of publication:	2011
Authors:	Liao, Shu-Yi ; Lin, Yu-Ying ; Tseng, Wei-Chun
Published in:	Defence and Peace Economics. - Taylor & Francis Journals, ISSN 1024-2694. - Vol. 22.2011, 3, p. 265-277
Publisher:	Taylor & Francis Journals
Subject:	Nonmarket rationing mechanisms \| Military manpower \| The Vietnam lotteries \| Large-scale war \| Rationing lottery \| Interdependent preferences

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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