A Flow Approach to Bankruptcy Problems
Rodica Branzei (),
Giulio Ferrari (),
Vito Fragnelli () and
Stef Tijs ()
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Rodica Branzei: Alexandru Ioan Cuza University, Faculty of Computer Science, Iasi, Romania
Giulio Ferrari: University of Genoa, Department of Mathematics, Genoa, Italy
Stef Tijs: Center and Department of Econometrics and Operations Research, University of Tilburg, Tilburg, Netherlands
Czech Economic Review, 2008, vol. 2, issue 2, 146-153
Abstract:
In this note we represent a classical bankruptcy problem as a standard flow problem on a simple network and implement some known division rules from the bankruptcy literature via suitable cost functions in the related minimum cost flow problem.
Keywords: Allocation rules; bankruptcy problems; flow problems (search for similar items in EconPapers)
JEL-codes: G33 (search for similar items in EconPapers)
Date: 2008
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