Additivity in bankruptcy problems and in allocation problems

descriptionPublicationkeyboard_double_arrow_right Article 01 Sep 2001 English Publisher:Springer Science and Business Media LLCJournal:Spanish Economic Review, volume 3, pages 223-229 (issn: 1435-5469,

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Authors: Gustavo Bergantiños; Luciano Méndez-Naya;

doi: 10.1007/pl00011444

Additivity in bankruptcy problems and in allocation problems

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Abstract

We study the property of additivity in bankruptcy problems and in allocation problems. In bankruptcy problems we use this property to characterize the Talmudic rule proposed by Rabbi Ibn Ezra. Moreover we generalize this rule to every bankruptcy problem. Again, using additivity we characterize the rights egalitarian solution in allocation problems.

Related Organizations

University of Santiago de Compostela
Spain
Universidade de Vigo
Spain

Keywords

Additivity, bankruptcy problems, allocation problems, jel: jel:C78

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