A Concede-and-Divide Rule for Bankruptcy Problems

The concede-and-divide rule is a basic solution for bankruptcy problems with two claimants.An extension of the concede-and-divide rule to bankruptcy problems with more than two claimants is provided.This extension not only uses the concede-and-divide principle in its procedural definition, but also preserves the main properties of the concede-and-divide rule.

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Year of publication:	2005
Authors:	Quant, Marieke ; Borm, Peter ; Maaten, R.
Institutions:	Tilburg University, Center for Economic Research
Subject:	Bankruptcy problems \| concede-and-divide rule

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Extent:	application/pdf
Series:	Discussion Paper.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series CentER Discussion Paper Number 2005-20
Classification:	C79 - Game Theory and Bargaining Theory. Other ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; D74 - Conflict; Conflict Resolution; Alliances
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011092300