Title
Bankruptcy and the per capita nucleolus: The claim-and-right rules family
Abstract
This article describes the per capita nucleolus for bankruptcy games as a bankruptcy rule. This rule, called the clights rule, is based on the well-known constrained equal awards principle and it takes into account a vector of clights, a new term which is a blend of claims and rights. These clights only depend on the vector of claims while the height of the estate determines whether the clights should be interpreted as modified claims or as rights. It is shown that both the clights rule and the Aumann–Maschler rule can be captured within the family of so-called claim-and-right rules.
Year
DOI
Venue
2015
10.1016/j.mathsocsci.2015.06.005
Mathematical Social Sciences
Field
DocType
Volume
Welfare economics,Economics,Estate,Per capita,Bankruptcy
Journal
77
ISSN
Citations 
PageRank 
0165-4896
1
0.35
References 
Authors
4
4
Name
Order
Citations
PageRank
Sybren Huijink110.35
Peter Borm248271.53
John Kleppe310.35
J. H. Reijnierse4456.95