This paper provides a comparative analysis of some classical solutions to bankruptcy problems from an axiomatic viewpoint. These rules are the constrained equal-awards rule, the constrained… (More)

This paper analyzes a family of rules for bankruptcy problems that generalizes the Talmud rule (T) and encompasses both the constrained equal-awards rule (A) and the constrained equal-losses rule… (More)

The purpose of this paper is to extend the Rights Egalitarian solution (Herrero, Maschler & Villar, 1999) to the context of nontransferable utility sharing problems. Such an extension is not unique.… (More)

The problem of distributing a given amount of a divisible good among a set of agents which may have individual entitlements is considered here. A solution to this problem, called the… (More)

This paper provides a new characterization of the Talmud rule by means of a new property, called securement. This property says that any agent holding a feasible claim will get at least one nht of… (More)

This paper studies the problem of allocating utility losses among n agents with cardinal non-comparable utility functions. This problem is referred to as the Nash rationing problem, as it can be… (More)

There are two distinct “Scandinavian consensus” approaches to public good supply, both based on agents’ willingness to pay. A Wicksell–Foley public competitive equilibrium arises from a negative… (More)

BACKGROUND
Signal transduction through the hydrolysis of glycosyl-phosphatidylinositol (GPI) leading to the release of the water-soluble inositol phosphoglycan (IPG) molecules has been demonstrated… (More)

An input-output model with non-constant returns to scale and externalities is presented, and it is shown that in this model, the non-substitution theorem is still valid. More precisely, the quantity… (More)