Quant, Marieke; Borm, Peter; Maaten, R. - Tilburg University, Center for Economic Research - 2005
The concede-and-divide rule is a basic solution for bankruptcy problems with two claimants.An extension of the concede-and-divide …-and-divide principle in its procedural definition, but also preserves the main properties of the concede-and-divide rule. … rule to bankruptcy problems with more than two claimants is provided.This extension not only uses the concede …
