A new prospect of additivity in bankruptcy problems

• José Alcalde Pérez ^[1] ; María del Carmen Marco Gil ^[2] ; José Angel Silva Reus ^[1]
  1. [1] Universitat d'Alacant

     Universitat d'Alacant

     Alicante, España

     
  2. [2] Universidad de Cartagena

     Universidad de Cartagena

     Colombia

     
• Localización: Working papers = Documentos de trabajo: Serie AD, Nº. 27, 2010, págs. 1-21
• Idioma: inglés
• Enlaces
  • Texto completo (pdf)
• Resumen

  • As it is known, there is no rule satisfying Additivity on the complete domain of bankruptcy problems. This paper proposes a notion of partial Additivity in this context, to be called µ-Additivity. We find that µ-Additivity, together with two quite compelling axioms, Anonymity and Continuity, identify the Minimal Overlap rule, introduced by O'Neill (1982).