Minimal rights in claims problems

  1. Herrero Blanco, Carmen
Journal:
Working papers = Documentos de trabajo: Serie AD

Year of publication: 1998

Issue: 20

Type: Working paper

Abstract

This paper focuses on some appealing properties for claims problems. Our main result is that the Constrained Equal-Losses Rule is the only rule satisfying equal treatment of equals, composition from minimal rights, and path independence.