Axiomatic and game-theoretic analysis of bankruptcy and taxation problems: An update

A group of agents have claims on a resource but there is not enough of it to honor all of the claims. How should it be divided? A group of agents decide to undertake a public project that they can jointly afford. How much should each of them contribute? This essay is an update of Thomson (2003), a survey of the literature devoted to the study of such problems.

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Year of publication:	2015
Authors:	Thomson, William
Published in:	Mathematical Social Sciences. - Elsevier, ISSN 0165-4896. - Vol. 74.2015, C, p. 41-59
Publisher:	Elsevier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011209790