The reverse TAL-family of rules for bankruptcy problems

Rene van den Brink () and Juan Moreno-Ternero

No 17.06, Working Papers from Universidad Pablo de Olavide, Department of Economics

Abstract: This paper analyzes a family of rules for bankruptcy problems that generalizes the so-called reverse Talmud rule and encompasses both the constrained equal-awards rule and the constrained equal-losses rule. The family, introduced by van den Brink et al., {[}Characterization of the reverse Talmud bankruptcy rule by exemption and exclusion properties, European Journal of Operational Research 228 (2013), 413-417{]}, is a counterpart to the so-called TAL-family of rules, introduced and studied by Moreno-Ternero and Villar {[}The TAL-family of rules for bankruptcy problems, Social Choice and Welfare 27 (2006) 231-249{]}, and it is included within the so-called CIC-family of rules introduced by Thomson {[}Two families of rules for the adjudication of conflicting claims, Social Choice and Welfare 31 (2008) 667-692{]}. We provide a systematic study of the structural properties of the rules within the family, as well as its connections with the existing related literature.

Keywords: Bankruptcy problems; reverse TAL-family; reverse Talmud rule; Equal awards; Equal losses. (search for similar items in EconPapers)
JEL-codes: D63 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2017-03
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Related works:
Journal Article: The reverse TAL-family of rules for bankruptcy problems (2017)
Working Paper: The reverse TAL-family of rules for bankruptcy problems (2017)
Working Paper: The Reverse TAL-family of Rules for Bankruptcy Problems (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:pab:wpaper:17.06

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