On priority in multi-issue bankruptcy problems with crossed claims
Rick K. Acosta-Vega,
Encarnaci\'on Algaba and
Joaqu\'in S\'anchez-Soriano
Papers from arXiv.org
Abstract:
In this paper, we analyze the problem of how to adapt the concept of priority to situations where several perfectly divisible resources have to be allocated among certain set of agents that have exactly one claim which is used for all resources. In particular, we introduce constrained sequential priority rules and two constrained random arrival rules, which extend the classical sequential priority rules and the random arrival rule to these situations. Moreover, we provide an axiomatic analysis of these rules.
Date: 2022-05, Revised 2022-09
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2205.00450
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