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Mixing solutions for claims problems

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  • Alcalde, José
  • Peris, Josep E.

Abstract

The literature on solutions for claims problems mainly orbits on three canonical rules: The Proportional, the Constrained Equal Awards and the Constrained Equal Losses. Mixtures of these solutions have been proposed to design alternative approaches to solve claims problems. We consider piece-wise and convex mixtures as two relevant tools. Piece-wise mixture guarantees that each agent obtains a minimal reimbursement, when it is available, while the remaining is distributed according to an alternative distribution criterion. Convex mixture shares the relevance of each distributive criterion according to an exogenously given weight. In this framework we explore which properties are preserved by mixed solutions. Moreover, we propose to design mixed solutions according to the compromising degree, an endogenous parameter capturing the relative relevance of the rationing that agents have to share collectively. We characterize the Proportional solution as the piece-wise mixture of any two solutions. The convex mixture of the Constrained Equal Awards and the Constrained Equal Losses solutions is explored from a normative point of view.

Suggested Citation

  • Alcalde, José & Peris, Josep E., 2022. "Mixing solutions for claims problems," Mathematical Social Sciences, Elsevier, vol. 115(C), pages 78-87.
  • Handle: RePEc:eee:matsoc:v:115:y:2022:i:c:p:78-87
    DOI: 10.1016/j.mathsocsci.2021.10.007
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    References listed on IDEAS

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    1. Thierry Marchant, 2008. "Scale invariance and similar invariance conditions for bankruptcy problems," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 31(4), pages 709-710, December.
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    5. Alcalde, José & Peris, Josep E., 2017. "Equal Awards versus Equal Losses in Bankruptcy Problems," QM&ET Working Papers 17-2, University of Alicante, D. Quantitative Methods and Economic Theory.
    6. van den Brink, René & Funaki, Yukihiko & van der Laan, Gerard, 2013. "Characterization of the Reverse Talmud bankruptcy rule by Exemption and Exclusion properties," European Journal of Operational Research, Elsevier, vol. 228(2), pages 413-417.
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    Cited by:

    1. Salekpay, Foroogh & Giménez-Gómez, José Manuel, 2022. "How to distribute the ERDF funds through a combination of egalitarian allocations: the CELmin," Working Papers 2072/535073, Universitat Rovira i Virgili, Department of Economics.
    2. José-Manuel Giménez-Gómez & Foroogh Salekpay & Cori Vilella, 2023. "How to distribute the European regional development funds through a combination of egalitarian allocations: the constrained equal losses min," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-8, December.

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