Disproving Constrained Equal Award
6 Pages Posted: 4 Sep 2015
Date Written: September 2, 2015
Abstract
This paper disproves the “constrained equal award” scheme, which is intended to explain the bankruptcy problem cited in Talmud, the Hebrew bible. While it may fit one purpose, it does not fit another. This paper also confirms that there is no fix rule for any bargaining problem.
Keywords: Bargaining
JEL Classification: C71
Suggested Citation: Suggested Citation
Choi, Hak, Disproving Constrained Equal Award (September 2, 2015). Available at SSRN: https://ssrn.com/abstract=2654541 or http://dx.doi.org/10.2139/ssrn.2654541
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