TY - JOUR
T1 - Sequential bankruptcy problems
AU - Estévez-Fernández, Arantza
AU - Giménez-Gómez, José-Manuel
AU - Solís-Baltodano, María José
PY - 2020/11
Y1 - 2020/11
N2 - In this paper, we analyze sequential bankruptcy problems, which generalize bankruptcy problems. They cover the problems of sharing water in a transboundary river and of allocating expedition rewards in projects. We propose the upwards mechanism for generalizing rules for bankruptcy problems to rules for sequential bankruptcy problems. Further, we characterize the upwards constrained equal awards, the upwards constrained equal losses, and the upwards proportional rules on the basis of upwards composition and upwards path independence.
AB - In this paper, we analyze sequential bankruptcy problems, which generalize bankruptcy problems. They cover the problems of sharing water in a transboundary river and of allocating expedition rewards in projects. We propose the upwards mechanism for generalizing rules for bankruptcy problems to rules for sequential bankruptcy problems. Further, we characterize the upwards constrained equal awards, the upwards constrained equal losses, and the upwards proportional rules on the basis of upwards composition and upwards path independence.
UR - https://www.mendeley.com/catalogue/dfb2ac79-69b4-376c-a4ab-e71714845ca4/
U2 - 10.1016/j.ejor.2020.10.038
DO - 10.1016/j.ejor.2020.10.038
M3 - Article
VL - 292
SP - 388
EP - 395
JO - European Journal of Operational Research
JF - European Journal of Operational Research
SN - 0377-2217
IS - 1
ER -