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New characterizations of a classical bankruptcy rule

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  • MORENO-TERNERO, Juan D.
  • VILLAR, Antonio

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  • MORENO-TERNERO, Juan D. & VILLAR, Antonio, 2006. "New characterizations of a classical bankruptcy rule," LIDAM Reprints CORE 1926, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  • Handle: RePEc:cor:louvrp:1926
    DOI: 10.1007/s10058-006-0004-1
    Note: In : Review of Economic Design, 10, 73-84, 2006
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    References listed on IDEAS

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    1. Moulin, Herve, 2002. "Axiomatic cost and surplus sharing," Handbook of Social Choice and Welfare, in: K. J. Arrow & A. K. Sen & K. Suzumura (ed.), Handbook of Social Choice and Welfare, edition 1, volume 1, chapter 6, pages 289-357, Elsevier.
    2. Nir Dagan, 1996. "New characterizations of old bankruptcy rules," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 13(1), pages 51-59, January.
    3. Aumann, Robert J. & Maschler, Michael, 1985. "Game theoretic analysis of a bankruptcy problem from the Talmud," Journal of Economic Theory, Elsevier, vol. 36(2), pages 195-213, August.
    4. Toru Hokari & William Thomson, 2003. "Claims problems and weighted generalizations of the Talmud rule," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 21(2), pages 241-261, March.
    5. K. J. Arrow & A. K. Sen & K. Suzumura (ed.), 2002. "Handbook of Social Choice and Welfare," Handbook of Social Choice and Welfare, Elsevier, edition 1, volume 1, number 1.
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    Cited by:

    1. Trudeau, Christian, 2018. "From the bankruptcy problem and its Concede-and-Divide solution to the assignment problem and its Fair Division solution," Games and Economic Behavior, Elsevier, vol. 108(C), pages 225-238.
    2. Jens Hougaard & Juan Moreno-Ternero & Lars Østerdal, 2013. "Rationing with baselines: the composition extension operator," Annals of Operations Research, Springer, vol. 211(1), pages 179-191, December.
    3. Juan Moreno-Ternero & Antonio Villar, 2006. "The TAL-Family of Rules for Bankruptcy Problems," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 27(2), pages 231-249, October.
    4. Juan D. Moreno-Ternero & Min-Hung Tsay & Chun-Hsien Yeh, 2020. "A strategic justification of the Talmud rule based on lower and upper bounds," International Journal of Game Theory, Springer;Game Theory Society, vol. 49(4), pages 1045-1057, December.
    5. Monica ACHIM & Fanuta POP & Sorin ACHIM, 2008. "Valuation of Bancrupt Firms in Context of Adherence s Countries to the European Union," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 3(36), pages 1317-1329, May.
    6. Victor Ginsburgh & Juan D. Moreno-Ternero, 2018. "On Poverty and the International Allocation of Development Aid," Working Papers 18.15, Universidad Pablo de Olavide, Department of Economics.
    7. Thomson, William, 2015. "Axiomatic and game-theoretic analysis of bankruptcy and taxation problems: An update," Mathematical Social Sciences, Elsevier, vol. 74(C), pages 41-59.
    8. Jens Leth Hougaard & Juan D. Moreno-Ternero & Lars Peter Østerdal, 2010. "Baseline Rationing," MSAP Working Paper Series 05_2010, University of Copenhagen, Department of Food and Resource Economics.
    9. Biung-Ghi Ju & Juan Moreno-Ternero, 2011. "Progressive and merging-proof taxation," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(1), pages 43-62, February.
    10. Juan D. Moreno-Ternero, 2017. "A Talmudic approach to bankruptcy problems," LIDAM Reprints CORE 2914, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    11. Yeh, Chun-Hsien, 2008. "Secured lower bound, composition up, and minimal rights first for bankruptcy problems," Journal of Mathematical Economics, Elsevier, vol. 44(9-10), pages 925-932, September.
    12. Jens Hougaard & Juan Moreno-Ternero & Lars Østerdal, 2013. "Rationing in the presence of baselines," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(4), pages 1047-1066, April.
    13. Martínez, Ricardo & Moreno-Ternero, Juan D., 2022. "Compensation and sacrifice in the probabilistic rationing of indivisible units," European Journal of Operational Research, Elsevier, vol. 302(2), pages 740-751.
    14. Moreno-Ternero, Juan D., 2013. "A new analysis of a simple model of fair allocation," Economics Letters, Elsevier, vol. 118(2), pages 393-395.
    15. Carmen Herrero & Ricardo Martínez, 2008. "Balanced allocation methods for claims problems with indivisibilities," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 30(4), pages 603-617, May.
    16. Harless, Patrick, 2017. "Wary of the worst: Maximizing award guarantees when new claimants may arrive," Games and Economic Behavior, Elsevier, vol. 105(C), pages 316-328.

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    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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