Proportionality, equality, and duality in bankruptcy problems with nontransferable utility. (English) Zbl 1475.91120
Summary: This paper studies bankruptcy problems with nontransferable utility as a generalization of bankruptcy problems with monetary estate and claims. Following the theory on TU-bankruptcy, we introduce a duality notion for NTU-bankruptcy rules and derive several axiomatic characterizations of the proportional rule and the constrained relative equal awards rule.
MSC:
| 91B32 | Resource and cost allocation (including fair division, apportionment, etc.) |
| 91A80 | Applications of game theory |
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