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merge convex and ordinal convex. Generalizing the notions of core cover and compromise stability for transferable utility …
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This paper considers situations characterized by a common-pool resource, which needs to be divided among agents. Each of the agents has some claim on this pool and an individual reward function for assigned resources. This paper analyzes not only the problem of maximizing the total joint reward,...
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merge convex and ordinal convex. Generalizing the notions of core cover and compromise stability for transferable utility …
Persistent link: https://www.econbiz.de/10013057724
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 account a...
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