Additive rules in bankruptcy problems and other related problems
In this paper we characterize the set of rules satisfying additivity on the estate along with additivity on the estate and the claims in bankruptcy problems and other related problems. Moreover, new characterizations of the well known rules based on the principles of "equal award", "equal loss", and "proportionality" are provided using these additivity properties.
|Date of creation:||07 Apr 2003|
|Note:||Type of Document - Tex; prepared on IBM PC - PC-TEX; to print on HP; pages: 19 ; figures: included|
|Contact details of provider:|| Web page: http://econwpa.repec.org|
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