Scholarlink

In a bankruptcy problemBankruptcy problem, a continuous estate has to be divided amongst individuals who have claims of varying amounts. There is a vast literature on bankruptcy problems, starting with O’Neill (Math. Soc. Sci. 2:345–371, 1982) and comprehensively reviewed in Thomson (How to Divide When There Isn’t Enough: From Aristotle, the Talmud, and Maimonides to the Axiomatics of Resource Allocation. Cambridge University Press, Cambridge, 2019). In this literature, a multitude of allocation rules have been proposed and studied. In this chapter, we review the most salient bankruptcy rules and their properties. Special attention will be devoted to the proportional rule and to the consistency axiom.

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Bankruptcy Problems

  • 章节

  • 发表日期：

    2025年

查看全文
  • Harrie de Swart,
  • Stefan Wintein

摘要

In a bankruptcy problemBankruptcy problem, a continuous estate has to be divided amongst individuals who have claims of varying amounts. There is a vast literature on bankruptcy problems, starting with O’Neill (Math. Soc. Sci. 2:345–371, 1982) and comprehensively reviewed in Thomson (How to Divide When There Isn’t Enough: From Aristotle, the Talmud, and Maimonides to the Axiomatics of Resource Allocation. Cambridge University Press, Cambridge, 2019). In this literature, a multitude of allocation rules have been proposed and studied. In this chapter, we review the most salient bankruptcy rules and their properties. Special attention will be devoted to the proportional rule and to the consistency axiom.