%0 Journal Article 
%A Marco Gil, María del Carmen
%A Jiménez Gómez, José Manuel
%T A New Approach for Bounding Awards in Bankruptcy Problems
%D 2008
%@ 1575605X
%U http://hdl.handle.net/10317/687
%X The solution for the  Contested Garment Problem proposed in the Babylonic Talmud,
one of the most important sources of inspiration for solving situations where demand
overcomes supply of some resources, suggests that each agent should receive at least some
part of the available amount when facing these situations. This idea has underlied the
theoretical analysis of bankruptcy problems from its beginning (O Neill, 1982) to present
day (Dominguez and Thomson, 2006). In this context, starting from the fact that a society
establishes its own set of  Commonly Accepted Equity Principles , we propose a new lower
bound on awards de ned, for each agent, as the minimum amount she gets according to
all the admissible rules for such a society. Moreover, we analyze the recursive application
of this new bound, since it will not exhaust the resources, in general.
%K Fundamentos del Análisis Económico
%K Problemas Bankruptcy
%K Reglas Bankruptcy
%K Límite inferior
%K Ptroceso recursivo
%~ GOEDOC, SUB GOETTINGEN