Additivity in bankruptcy problems and in allocation problems

Gustavo Bergantiños and Luciano Méndez-Naya ()
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Luciano Méndez-Naya: Departamento de Estadística, Facultade de Económicas, Universidade de Vigo, 36200 Vigo, Pontevedro, Spain Universidade de Santiago, Departamento de Métodos Cuantitativos para a Economía, Facultade de Ciencias Económicas e Empresariais, Avda. Xoán XXIII, s/n, 15704 Santiago de Compostela, Spain

Spanish Economic Review, 2001, vol. 3, issue 3, 223-229

Abstract: We study the property of additivity in bankruptcy problems and in allocation problems. In bankruptcy problems we use this property to characterize the Talmudic rule proposed by Rabbi Ibn Ezra. Moreover we generalize this rule to every bankruptcy problem. Again, using additivity we characterize the rights egalitarian solution in allocation problems.

Keywords: Additivity; bankruptcy problems; allocation problems (search for similar items in EconPapers)
JEL-codes: C78 (search for similar items in EconPapers)
Date: 2001-10-18
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Citations: View citations in EconPapers (25)

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