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Erschienen in:
2003 | OriginalPaper | Buchkapitel
Equal Awards vs. Equal Losses: Duality in Bankruptcy
verfasst von : Carmen Herrero
Erschienen in: Advances in Economic Design
Verlag: Springer Berlin Heidelberg
Enthalten in: Professional Book Archive
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This paper focuses on bankruptcy problems and duality. By introducing the idea of dual properties, we obtain a new characterization of the Constrained Equal Losses rule by means of well-known properties. “Dual” procedures to solve discrepancies can also be used to support, noncoopera-tively, the Constrained Equal Awards and the Constrained Equal Losses rules, respectively.