Generalizing the constrained equal awards rule

Bas Dietzenbacher ()
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Bas Dietzenbacher: Maastricht University

Theory and Decision, 2023, vol. 95, issue 1, No 7, 150 pages

Abstract: Abstract This paper studies axiomatic characterizations of the constrained equal awards rule for bankruptcy problems. We show that many results apply in a much more general context than for which they are originally formulated. In particular, we generalize several axiomatic characterizations based on symmetry, sustainability, and consistency to the domain of bankruptcy problems with nontransferable utility.

Keywords: NTU-bankruptcy; Constrained equal awards rule; Axiomatic analysis (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s11238-022-09913-9

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