Use this identifier to quote or link this document: http://hdl.handle.net/2072/237592

Compromise solutions for bankruptcy situations: a note
Giménez Gómez, José M. (José Manuel); Osório, António (António Miguel); Peris, Josep E.
Universitat Rovira i Virgili. Departament d'Economia; Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública
Although classic bankruptcy problems take into account a single claims vector, Pulido et al. (2008) show that there are real bankruptcy situations where agents face more than one reference vector. In particular, they consider the claims and an additional reference vector. To analyze these situations, they propose the extreme and the diagonal approaches. Nonetheless, the former approach depends on the order of the vectors: if we interchange the claims and the reference vectors, the result changes. Moreover their study is limited to the case in which the reference vector is lower than the claims vector. In the present note, we propose an extension that solves these short- comings by introducing the idea of impartiality. Keywords: bankruptcy problems; reference point; compromise solution; impartiality.
2014
33 - Economia
Fallida
L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/
14 p.
Working Paper
Universitat Rovira i Virgili. Departament d'Economia
Documents de treball del Departament d'Economia;2014-10
         

Full text files in this document

Files Size Format
201410.pdf 375.8 KB PDF

Show full item record

Related documents

Other documents of the same author

Subiza, Begoña; Giménez Gómez, José M. (José Manuel); Peris, Josep E.
Giménez Gómez, José M. (José Manuel); Subiza, Begoña; Peris, Josep E.
Giménez Gómez, José M. (José Manuel); Peris, Josep E.; Solís Baltodano, María José
Giménez Gómez, José M. (José Manuel); Osório, António (António Miguel)
Giménez-Gómez, José Manuel; Peris, Josep E.
 

Coordination

 

Supporters