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Persistent link: https://www.econbiz.de/10000983728
This paper introduces a new way of representing bankruptcy rules.These representations are used to show that the …
Persistent link: https://www.econbiz.de/10011092643
In this paper, we provide four extensions of the constrained equal award rule for bankruptcy situations to the class of … bankruptcy situations with a priori unions. We present some characterisations and relations with corresponding games. The four …
Persistent link: https://www.econbiz.de/10011092778
This paper deals with bankruptcy situations in which in addition to the claims, an exogenously given reference point …
Persistent link: https://www.econbiz.de/10011092855
on bankruptcy problems.Also the class of convex compromise stable games is characterized.The relation between core cover …
Persistent link: https://www.econbiz.de/10011090315
representative sample of start-ups. An increase in the amount of borrower’s personal wealth protected in bankruptcy reduces the …
Persistent link: https://www.econbiz.de/10011090786
, we introduce the value, which extends the adjusted proportional rule for bankruptcy situations and coincides with the …
Persistent link: https://www.econbiz.de/10011090909
bankruptcy problems. …
Persistent link: https://www.econbiz.de/10011091098
.These solutions extend bankruptcy rules.In particular, we show that the compromise extension of the run-to-the-bank rule coincides …
Persistent link: https://www.econbiz.de/10011091711
Abstract: This article characterizes the per capita nucleolus for bankruptcy games as a bankruptcy rule. This rule … however is that, for each bankruptcy problem, it takes into account a vector of clights. These clights only depend on the …
Persistent link: https://www.econbiz.de/10011091730