How to Cope with Division Problems under Interval Uncertainty of Claims?

R. Brânzei, D.A. Dimitrov, S. Pickl, S.H. Tijs

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Abstract

The paper deals with division situations where individual claims can vary within closed intervals.Uncertainty of claims is removed by compromising in a consistent way the upper and lower bounds of the claim intervals.Deterministic division problems with compromise claims are then considered and classical division rules from the bankruptcy literature are used to generate several procedures leading to e .cient and reasonable rules for division problems under interval uncertainty of claims.
Original languageEnglish
Place of PublicationTilburg
PublisherOperations research
Number of pages16
Volume2002-96
Publication statusPublished - 2002

Publication series

NameCentER Discussion Paper
Volume2002-96

Keywords

  • uncertainty
  • claims
  • division problems

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