Minimal rights in claims problems

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

Année de publication: 1998

Número: 20

Type: Working Paper

Résumé

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.