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

C. Gonzalez-Alcon, P.E.M. Borm, R.L.P. Hendrickx

Research output: Working paperDiscussion paperOther research output

Abstract

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.
Original languageEnglish
Place of PublicationTilburg
PublisherMicroeconomics
Number of pages15
Volume2003-59
Publication statusPublished - 2003

Publication series

NameCentER Discussion Paper
Volume2003-59

Keywords

  • allocation
  • bankruptcy
  • cooperative games
  • consistency

Fingerprint Dive into the research topics of 'A Composite Run-to-the-Bank Rule for Multi-Issue Allocation Situations'. Together they form a unique fingerprint.

Cite this