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Integer solutions to bankruptcy problems with non-integer claims

  • Vito Fragnelli
  • , Stefano Gagliardo
  • , Fabio Gastaldi

Research output: Contribution to journalArticlepeer-review

Abstract

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.

Original languageEnglish
Pages (from-to)892-933
Number of pages42
JournalTOP
Volume22
Issue number3
DOIs
Publication statusPublished - 1 Oct 2014
Externally publishedYes

Keywords

  • Bankruptcy problems
  • Integer solutions

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