The Minimal Overlap Rule: Restrictions on Mergers for Creditors' Consensus

Jose Alcalde, María del Carmen Marco_Gil () and Jose Silva
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María del Carmen Marco_Gil: Department of Economics, Postal: Pza. del Cronista Isidoro Valverde, Edif. La Milagrosa, , 30202 Cartagena., Spain

No 12-1, QM&ET Working Papers from University of Alicante, D. Quantitative Methods and Economic Theory

Abstract: This paper proposes a notion of partial Additivity in bankruptcy, -Additivity. We show that this property, together with Anonymity and Continuity, identifies the Minimal Overlap rule, introduced by O'Neill (1982).

Keywords: Bankruptcy Problems; Additivity; Minimal Overlap Rule (search for similar items in EconPapers)
JEL-codes: C71 C72 D71 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2012-01-19
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Journal Article: The minimal overlap rule: restrictions on mergers for creditors’ consensus (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:qmetal:2012_001

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