A Composite Run-to-the-Bank Rule for Multi-Issue Allocation Situations

In this paper, we propose a new extension of the run-to-the-bank rule for bankruptcy situations to the class of multi-issue allocation situations.We show that this rule always yields a core element and that it satisfies self-duality. We characterise our rule by means of a new consistency property, issue-consistency.

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Year of publication:	2003
Authors:	Borm, Peter ; Hendrickx, Ruud ; Gonzalez-Alcon, C.
Institutions:	Tilburg University, Center for Economic Research
Subject:	allocation \| bankruptcy \| cooperative games \| consistency

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Extent:	application/pdf
Series:	Discussion Paper.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series CentER Discussion Paper Number 2003-59
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10011091986