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- Minimal Rights In Claims Problems

Author

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  • Carmen Herrero Blanco

    (Instituto Valenciano de Investigaciones Económicas)

Abstract

This paper focuses on some appealing properties for claims problems. Our main result is that the Constrained Equal-Losses Rule is the only rule satisfying equal treatment of equals, composition from minimal rights, and path independence.

Suggested Citation

  • Carmen Herrero Blanco, 1998. "- Minimal Rights In Claims Problems," Working Papers. Serie AD 1998-20, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  • Handle: RePEc:ivi:wpasad:1998-20
    as

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    File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-1998-20.pdf
    File Function: Fisrt version / Primera version, 1998
    Download Restriction: no

    References listed on IDEAS

    as
    1. Chun, Youngsub, 1988. "The equal-loss principle for bargaining problems," Economics Letters, Elsevier, vol. 26(2), pages 103-106.
    2. Herrero, Carmen & Marco, Maria Carmen, 1993. "Rational equal-loss solutions for bargaining problems," Mathematical Social Sciences, Elsevier, vol. 26(3), pages 273-286, November.
    3. 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.
    4. Young, H. P., 1988. "Distributive justice in taxation," Journal of Economic Theory, Elsevier, vol. 44(2), pages 321-335, April.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Hervé Moulin, 2002. "The proportional random allocation of indivisible units," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 19(2), pages 381-413.
    2. Thomson, William & Yeh, Chun-Hsien, 2008. "Operators for the adjudication of conflicting claims," Journal of Economic Theory, Elsevier, vol. 143(1), pages 177-198, November.
    3. Carmen Herrero, 2000. "The Three Musketeers. Old Solutions to Bankruptcy Problems," Econometric Society World Congress 2000 Contributed Papers 0609, Econometric Society.

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