Template-type: ReDif-Paper 1.0
Author-Name: Gong, Doudou
Author-workplace-name: RS: GSBE other - not theme-related research, Quantitative Economics
Author-Name: Dietzenbacher, Bas
Author-workplace-name: RS: GSBE other - not theme-related research, QE Math. Economics & Game Theory
Author-Name: Peters, Hans
Author-workplace-name: RS: FSE DKE Mathematics Centre Maastricht, QE Math. Economics & Game Theory, RS: GSBE other - not theme-related research
Title: A random arrival rule for NTU-bankruptcy problems
Abstract: 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<br/>allocation proportional to the sum of marginal vectors. We provide two axiomatic characterizations based on symmetry and monotonicity, respectively.
Classification-JEL: c79,d63,d74
Series: GSBE Research Memoranda
Creation-Date: 20220620
Number: 006
File-URL: https://cris.maastrichtuniversity.nl/ws/files/95361262/RM22006.pdf
File-Format: application/pdf
File-Size: 601699
Handle: Repec:unm:umagsb:2022006
DOI: 10.26481/umagsb.2022006