A bankruptcy approach to support decisions on allocation of scarce resources in emergency operations

Autor:	Maher N. Itani, Sumadhur Shakya
Rok vydání:	2017
Předmět:	Scarcity Risk analysis (engineering) Bankruptcy media_common.quotation_subject Resource allocation Rationality Business Business and International Management Set (psychology) Humanitarian principles Outcome (game theory) media_common
Zdroj:	J. for Global Business Advancement. 10:506
ISSN:	1746-9678 1746-966X
DOI:	10.1504/jgba.2017.088932
Popis:	It is essential for humanitarian organisations to develop fair allocation guidelines of scarce lifesaving resources that alleviate the suffering of beneficiaries. At the same time, it is challenging to set a rationality behind the resources allocation and toward which beneficiaries to aid. This study examines resource allocation decisions using a bankruptcy based framework. It focuses on carrying out set rules in a fair manner so that a just outcome might be reached. Choosing which rule is most appropriate is challenging as this depends on how the decision makers understand the particular circumstances of each allocation situation. Still, these presented allocation rules provide the most flexible, efficient, and defensible solutions to equitable resource allocation. Furthermore, these schemes do not require detailed knowledge of beneficiaries' utilities for resources, which is generally not feasible to obtain during disaster circumstances.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1dd00954499c60d3cd012391d3d67db9 https://doi.org/10.1504/jgba.2017.088932 Zobrazit plný text záznamu