Borm, Peter; Reijnierse, Hans; Huijink, S.; Kleppe, J. - Tilburg University, Center for Economic Research - 2013
Abstract: This article characterizes the per capita nucleolus for bankruptcy games as a bankruptcy rule. This rule, called the cligths rule, is based on the wellknown constrained equal awards principle. The essential feature of the rule however is that, for each bankruptcy problem, it takes into...