Computer implementation of bankruptcy rules

In this paper we describe a computer system that calculates allocation to claims according to two kinds of bankruptcy rules. The first kind implemented are those whose results corresponds to the classical solutions of game theory: The Talmud rule, the Proportional rule, the Adjusted Proportional rul...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Saavedra, Verónica, Lopez, Marcelo, Quintas, Luis Guillermo
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 2004
Materias:
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/22517
Aporte de:
Descripción
Sumario:In this paper we describe a computer system that calculates allocation to claims according to two kinds of bankruptcy rules. The first kind implemented are those whose results corresponds to the classical solutions of game theory: The Talmud rule, the Proportional rule, the Adjusted Proportional rule, the Constrained Equal Awards rule and the Random Arrival rule. The second type implemented generates assignations to claims that have no correspondence with the classical results, they are: Piniles´ rule, the Constrained Egalitarian rule and Constrained Equal Losses rule. This computer system was developed in order to compute the different allocations to claims in Allocation problems, distribution problems and Assignment problems for real cases and to be used in education of game theory and decision problems. The system generates numerical and graphical results. It allows comparisons between the numerical results and their graphic representations. It also allows the exportation of the different outputs to any windows application.