Solidarity and uniform rules in bankruptcy problems
The 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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- Giménez-Gómez, José Manuel & Marco Gil, M. Carmen, 2012. "A New Approach for Bounding Awards in Bankruptcy Problems," Working Papers 2072/182719, Universitat Rovira i Virgili, Department of Economics.
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