Solidarity and uniform rules in bankruptcy problems
AbstractThe idea of ensuring a guarantee (a minimum amount of the resources) to each agent has recently acquired great relevance, in both social and political terms. Furthermore, the notion of Solidarity has been treated frequently in redistribution problems to establish that any increment of the resources should be equally distributed taking into account some relevant characteristics. In this paper, we combine these two general concepts, guarantee and solidarity, to characterize the uniform rules in bankruptcy problems (Constrained Equal Awards and Constrained Equal Losses rules).
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Bibliographic InfoPaper provided by Universidad de Alicante, Departamento de Métodos Cuantitativos y Teoría Económica in its series QM&ET Working Papers with number 12-8.
Length: 9 pages
Date of creation: 23 Mar 2012
Date of revision:
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Constrained Equal Awards; Constrained Equal Losses; Lower bounds; Bankruptcy problems; Solidarity;
Other versions of this item:
- Giménez-Gómez, José Manuel & Peris, Josep E., 2012. "Solidarity and uniform rules in bankruptcy problems," Working Papers 2072/182646, Universitat Rovira i Virgili, Department of Economics.
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
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