Showing 1 - 7 of 7
In a distribution problem, and speci fically in bankruptcy issues, the Proportional (P) and the Egalitarian (EA) divisions are two of the most popular ways to resolve the conflict. The Constrained Equal Awards rule (CEA) is introduced in bankruptcy literature to ensure that no agent receives...
Persistent link: https://www.econbiz.de/10010991666
Mediation is a dispute resolution process where agents reach a mutually acceptable agreement among prominent proposals. This paper provides a natural way of coming to this agreement in bankruptcy problems. The central fact is that such problems can be faced from two different (focal) points of...
Persistent link: https://www.econbiz.de/10010991675
The idea of ensuring a guarantee (a minimum amount of the resources) to each agent has recently acquired great relevance, in both social and political terms. Furthermore, the notion of Solidarity has been treated frequently in redistribution problems to establish that any increment of the...
Persistent link: https://www.econbiz.de/10010991683
Persistent link: https://www.econbiz.de/10011670127
This paper explores an old solution for bankruptcy problems, described by Ibn Ezra in the XII century. Particularly, we introduce a new way of extending the Ibn Ezra’s proposal, the Generalized Ibn Ezra solution, by imposing that the general distribution principle from which it is inspired...
Persistent link: https://www.econbiz.de/10005370864
As it is known, there is no rule satisfying additivity in the complete domain of bankruptcy problems. This paper proposes a notion of partial additivity in this context, to be called μ-additivity. We find out that this property, together with two quite compelling axioms, equal treatment of...
Persistent link: https://www.econbiz.de/10010995335
Persistent link: https://www.econbiz.de/10010347731