Template-type: ReDif-Paper 1.0
Author-Name: Habis Helga 
Author-Name: Herings P. Jean-Jacques 
Author-workplace-name: METEOR
Title: Stochastic Bankruptcy Games
Abstract: We study bankruptcy games where the estate and the claims have stochastic values. We use the WeakSequential Core as the solution concept for such games. We test the stability of a number of wellknown division rules in this stochastic setting and find that most of them are unstable, exceptfor the Constrained Equal Awards rule, which is the only one belonging to the Weak Sequential Core.
Keywords: microeconomics ; 
Series: Research Memoranda
Creation-Date: 2011
Number: 045
File-URL: http://digitalarchive.maastrichtuniversity.nl/fedora/objects/guid:947449ce-a765-4ec6-a675-1c4a310ef44a/datastreams/ASSET1/content
File-Format: application/pdf
File-Size: 481931
Handle: RePEc:unm:umamet:2011045