Integer solutions to bankruptcy problems with non-integer claims

Vito Fragnelli ^[1] ; Stefano Gagliardo ^[2] ; Fabio Gastaldi ^[1]
1. [1] University of Eastern Piedmont Amadeo Avogadro
  
  University of Eastern Piedmont Amadeo Avogadro
  
  Vercelli, Italia
2. [2] Consiglio Nazionale delle Ricerche, Italia
Localización: Top, ISSN-e 1863-8279, ISSN 1134-5764, Vol. 22, Nº. 3, 2014, págs. 892-933
Idioma: inglés
DOI: 10.1007/s11750-013-0304-x
Enlaces
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Resumen
- In this paper, we consider a bankruptcy problem with the additional constraint that the estate has to be assigned in integer unities; differently from the approaches by other authors, we allow for non-integer claims. This situation poses new questions on the existence and the uniqueness of the solution. We propose a new solution method that leads to the “box solution”, for which uniqueness may be guaranteed introducing a ranking on the claimants. Some examples complete the paper.