Moreno-Ternero, Juan D.
Villar, Antonio
This paper analyzes a family of rules for bankruptcy problems that generalizes the Talmud rule (T) and encompasses both the constrained equal-awards rule (A) and the constrained equal-losses rule (L). The family is defined by means of a parameter theta is an element of [0, 1] that can be interpreted as a measure of the distributive power of the rule. We provide a systematic study of the structural properties of the rules within the family and its connections with the existing literature.
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Bibliographic reference |
Moreno-Ternero, Juan D. ; Villar, Antonio. The TAL-Family of rules for bankruptcy problems. In: Social Choice and Welfare, Vol. 27, no. 2, p. 231-249 (2006) |
Permanent URL |
http://hdl.handle.net/2078/32879 |