Article ID: | iaor2009580 |
Country: | Netherlands |
Volume: | 158 |
Issue: | 1 |
Start Page Number: | 133 |
End Page Number: | 141 |
Publication Date: | Feb 2008 |
Journal: | Annals of Operations Research |
Authors: | Borm Peter, Snchez-Soriano Joaqun, Hendrickx R., Llorca N., Pulido M. |
This paper deals with bankruptcy situations in which in addition to the claims, an exogenously given reference point for the allocation of the estate is present. We introduce and analyse two types of compromise solutions and show that they coincide with the τ value of two corresponding TU (Transferable Utility) games.