Sustainability in bankruptcy problems

By Carmen Herrero, Antonio Villar. 2002

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Axiomatic and game-theoretic analysis of bankruptcy and taxation problems: a survey (2003, methodology): “…is a matter of judgment, but one interesting critical value of a claim is obtained as follows: substitute it for the claim of any other agent whose claim is higher, and check whether there would then be enough to compensate everyone (Herrero and Villar, 2001b; they use the term ‘‘sustainability’’).”
Fair division with uncertain needs (2018, background): “For example, the uniform gains rule and its dual version, the uniform losses rule, are axiomatized by Dagan (1996), Herrero and Villar (2001, 2002), Yeh (2004, 2006, 2008), Martı́nez (2008), and Marchant (2008).”