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An Axiomatization of the Proportional Rule in Financial Networks

An Axiomatization of the Proportional Rule in Financial Networks

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_informs_primary_10_1287_mnsc_2020_3700

An Axiomatization of the Proportional Rule in Financial Networks

About this item

Full title

An Axiomatization of the Proportional Rule in Financial Networks

Publisher

Linthicum: INFORMS

Journal title

Management science, 2021-05, Vol.67 (5), p.2799-2812

Language

English

Formats

Publication information

Publisher

Linthicum: INFORMS

More information

Scope and Contents

Contents

The most important rule to determine payments in real-life bankruptcy problems is the proportional rule. Many such bankruptcy problems are characterized by network aspects, and the values of the agents’ assets are endogenous as they depend on the extent to which claims on other agents can be collected. These network aspects make an axiomatic analys...

Alternative Titles

Full title

An Axiomatization of the Proportional Rule in Financial Networks

Authors, Artists and Contributors

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_informs_primary_10_1287_mnsc_2020_3700

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_informs_primary_10_1287_mnsc_2020_3700

Other Identifiers

ISSN

0025-1909

E-ISSN

1526-5501

DOI

10.1287/mnsc.2020.3700

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