Additivity in bankruptcy problems and in allocation problems
- Méndez Naya, Luciano
- Bergantiños Cid, Gustavo
ISSN: 1435-5469
Year of publication: 2001
Volume: 3
Issue: 3
Pages: 223-229
Type: Article
More publications in: Spanish economic review
Abstract
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.