Author, as appears in the article.: Giménez-Gómez, J.M., Osório, A.
Department: Química Física i Inorgànica
Abstract: In a bankruptcy situation individuals are not equally affected since each one has its own specific characteristics. These aspects cannot be ignored and may justify an allocation bias in favor of or against some individuals. This paper develops a theory of differentiation in claims problems that considers not only the vector of claims, but also some justified differentiating criteria based on other characteristics (wealth, net-income, GDP, etc.). Accordingly, we propose some progressive transfers from richer to poorer claimants with the purpose of distributing the damage as evenly as possible. Finally, we characterize our solution by means of the Lorenz criterion. Endogenous convex combinations between solutions are also considered.
licence for use: https://creativecommons.org/licenses/by/3.0/es/
ISSN: 0377-2217
Last page: 850
Journal volume: 241
Papper version: info:eu-repo/semantics/acceptedVersion
Link to the original source: http://www.sciencedirect.com/science/article/pii/S0377221714007620
Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
Article's DOI: 10.1016/j.ejor.2014.09.023
Entity: Universitat Rovira i Virgili.
Journal publication year: 2015
First page: 842