A random arrival rule for NTU-bankruptcy problems
2022
Gong, Doudou | Dietzenbacher, Bas | Peters, Hans
This paper introduces and studies a random arrival rule for bankruptcy problems with nontransferable utility. This bankruptcy rule generalizes the random arrival rule for bankruptcy problems with transferable utility which assigns the unique efficient allocation proportional to the sum of marginal vectors. We provide two axiomatic characterizations based on symmetry and monotonicity, respectively.
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Economics letters
卷
218
页码
110736
ISSN
0165-1765
出版者
Blackwell Publishing Inc
其它主题
Axiomatic analysis; Random arrival rule; D63; Ntu-bankruptcy problems; D74; C79
语言
英语
许可
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类型
Journal Article; Text
2024-02-28
MODS