The proportional rule for multi-issue bankruptcy problems

Juan Moreno-Ternero

No 2006076, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: We investigate how to extend bankruptcy rules to the general setting in which agents'claims may refer to different issues. We show that the proportional rule is the only one whose extensions according to two natural procedures yield the same outcomes.

Keywords: multi-issue brankruptcy problems; proportional rule; characterization result (search for similar items in EconPapers)
JEL-codes: D63 D74 (search for similar items in EconPapers)
Date: 2006-09
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: The proportional rule for multi-issue bankruptcy problems (2009)
Working Paper: The proportional rule for multi-issue bankruptcy problems (2009)
Working Paper: The Proportional Rule for Multi-Issue Bankruptcy Problems (2009)
Working Paper: The Proportional Rule for Multi-Issue Bankruptcy Problems (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2006076

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