Articles producció científica> Química Física i Inorgànica

Why and how to differentiate in claims problems? An axiomatic approach

  • Identification data

    Identifier: PC:1135
    Authors:
    Giménez-Gómez, J.M., Osório, A.
    Abstract:
    10.1016/j.ejor.2014.09.023
  • Others:

    Author, as appears in the article.: Giménez-Gómez, J.M., Osório, A.
    Papper version: info:eu-repo/semantics/acceptedVersion
    Department: Química Física i Inorgànica
    Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
    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.
    Entity: Universitat Rovira i Virgili.
    Journal publication year: 2015
    licence for use: https://creativecommons.org/licenses/by/3.0/es/
    ISSN: 0377-2217
    First page: 842
    Last page: 850
    Journal volume: 241