A Flow Approach to Bankruptcy Problems
AbstractIn this note we represent a classical bankruptcy problem as a standard flow problem on a simple network and implement some known division rules from the bankruptcy literature via suitable cost functions in the related minimum cost flow problem.
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Bibliographic InfoArticle provided by Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies in its journal AUCO Czech Economic Review.
Volume (Year): 2 (2008)
Issue (Month): 2 (September)
Find related papers by JEL classification:
- G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
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- Beard, Rodney, 2011. "The river sharing problem: A review of the technical literature for policy economists," MPRA Paper 34382, University Library of Munich, Germany.
- William Thomson, 2013. "Axiomatic and game-theoretic analysis of bankruptcy and taxation problems: an update," RCER Working Papers 578, University of Rochester - Center for Economic Research (RCER).
- Ilkilic, Rahmi & Kayi, Cagatay, 2012.
"Allocation rules on networks,"
37305, University Library of Munich, Germany.
- Erik Ansink & Hans-Peter Weikard, 2009.
"Sequential Sharing Rules for River Sharing Problems,"
2009.114, Fondazione Eni Enrico Mattei.
- Erik Ansink & Hans-Peter Weikard, 2012. "Sequential sharing rules for river sharing problems," Social Choice and Welfare, Springer, vol. 38(2), pages 187-210, February.
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