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rationing
(redirected from Nonprice rationing)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
rationing
Managed care The allocation or distribution of a scarce product, commodity or service. See Age-based rationing, Health care rationing, Oregon plan, Red-tape rationing.


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In the credit rationing paradigm, the effect of current repayment capacity is associated with so-called price rationing, whereas the effect of asset endowments, creditworthiness, and transaction costs is linked to nonprice rationing (Foltz, 2004).
First, the nonprice rationing system necessitated and mandated by current policy of allocating the relatively few donated kidneys is necessarily, at least in part, arbitrary and coercive and thus inequitable (Carlstrom and Rollow 1997; Blair and Kaserman 1991; Hansmann 1989).
 
 
 
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