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Minimal overlap rules for bankruptcy

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Author Info
Hendrickx, Ruud
Borm, Peter
Elk, Roel van
Quant, Marieke (Tilburg University, Center for Economic Research)

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Abstract

This paper introduces a new way of representing bankruptcy rules. These representations are used to show that the minimal overlap rule is a composition of the Ibn Ezra rule and the constrained equal losses rule. The residual minimal overlap rule is analysed as an alternative extension of the Ibn Ezra rule, by using a composition with the constrained equal awards rule.

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Publisher Info
Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 87.

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Date of creation: 2005
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Handle: RePEc:dgr:kubcen:200587

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Related research
Keywords: representations Ibn Ezra rule minimum overlap rule duality

Find related papers by JEL classification:
C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. O'Neill, Barry, 1982. "A problem of rights arbitration from the Talmud," Mathematical Social Sciences, Elsevier, vol. 2(4), pages 345-371, June. [Downloadable!] (restricted)
  2. Thomson, William, 2003. "Axiomatic and game-theoretic analysis of bankruptcy and taxation problems: a survey," Mathematical Social Sciences, Elsevier, vol. 45(3), pages 249-297, July. [Downloadable!] (restricted)
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This page was last updated on 2008-8-25.

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