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Algorithm for the min - max loss rule for claims problems
(2010-04-08)
In this paper we provide an algorithm which gives us the unique solution to the problem of minimizing the maximum loss (where loss is measured by unsatisfied demands) for a claims problem. The answer lies crucially on the ...
A compromise solution for claims problems
(2010-03-29)
The purpose of this paper is to axiomatically characterize a compromise solution for claims problems which satisfies invariance under affine utility transformations. The more well known solutions for claims problems do not ...
A compromise solution for claims problems
(1994-10-05)
The purpose of this paper is to axiomatically characterize a Compromise Solution for claims
problems which satisfies invariance under affine utility transformations. The more well-known solutions
for claims problems do ...