Scale invariance and similar invariance conditions for bankruptcy problems
نویسندگان
چکیده
منابع مشابه
Scale invariance and similar invariance conditions for bankruptcy problems
A frequent motivation for the use of Scale Invariance in the bankruptcy literature is that it imposes that the outcome of a bankruptcy problem does not depend on the units of measurement. We show that this interpretation is not correct. Scale Invariance is an invariance condition that applies when all amounts are multiplied by a constant (without change of units). With this interpretation in mi...
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ژورنال
عنوان ژورنال: Social Choice and Welfare
سال: 2008
ISSN: 0176-1714,1432-217X
DOI: 10.1007/s00355-008-0328-6