This paper studies bankruptcy problems with nontransferable utility as a generalization of bankruptcy problems with monetary estate and claims. Following the theory on TU-bankruptcy, we introduce a duality notion for NTU-bankruptcy rules and derive several axiomatic characterizations of the proportional rule and the constrained relative equal awards rule.
- c79 - Game Theory and Bargaining Theory: Other
- d63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- d74 - "Conflict; Conflict Resolution; Alliances"
- proportional rule
- constrained relative equal awards rule