Proportionality, equality, and duality in bankruptcy problems with nontransferable utility

Bas Dietzenbacher*, A. Estévez-Fernández, Peter Borm, Ruud Hendrickx

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

11 Citations (Scopus)

Abstract

This paper studies bankruptcy problems with nontransferable utility as a generalization of bankruptcy problems with monetary estate and claims. Following the theory on TU-bankruptcy, we introduce a duality notion for NTU-bankruptcy rules and derive several axiomatic characterizations of the proportional rule and the constrained relative equal awards rule.
Original languageEnglish
Pages (from-to)65-80
JournalAnnals of Operations Research
Volume301
Issue number1-2
DOIs
Publication statusPublished - Jun 2021

Keywords

  • NTU-bankruptcy
  • duality
  • proportional rule
  • constrained relative equal awards rule

Fingerprint

Dive into the research topics of 'Proportionality, equality, and duality in bankruptcy problems with nontransferable utility'. Together they form a unique fingerprint.

Cite this