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Additivity in bankruptcy problems and in allocation problems |
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| Authors: | Gustavo Bergantiños Luciano Méndez-Naya |
| Institution: | (1) Departamento de Estadística, Facultade de Económicas, Universidade de Vigo, 36200 Vigo, Pontevedro, Spain, ES;(2) Universidade de Santiago, Departamento de Métodos Cuantitativos para a Economía, Facultade de Ciencias Económicas e Empresariais, Avda. Xoán XXIII, s/n, 15704 Santiago de Compostela, Spain (e-mail address: eclmn1@usc.es), ES |
| Abstract: | We study the property of additivity in bankruptcy problems and in allocation problems. In bankruptcy problems we use this property to characterize the Talmudic rule proposed by Rabbi Ibn Ezra. Moreover we generalize this rule to every bankruptcy problem. Again, using additivity we characterize the rights egalitarian solution in allocation problems. |
| Keywords: | JEL classification: C78 |
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