Detailed Information on Publication Record
2021
Bankruptcy Problem Under Uncertainty
RAMÍK, JaroslavBasic information
Original name
Bankruptcy Problem Under Uncertainty
Name in Czech
Problém bankrotu za neurčitosti
Authors
RAMÍK, Jaroslav
Edition
Karviná, 3rd International conference on Decision making for Small and Medium-Sized Enterprises. Conference Proceedings. p. 525-541, 7 pp. 2021
Publisher
Karviná: Silesian University in Opava, School of Business Administration in Karviná
Other information
Language
English
Type of outcome
Stať ve sborníku
Country of publisher
Czech Republic
Confidentiality degree
není předmětem státního či obchodního tajemství
Publication form
printed version "print"
Organization unit
School of Business Administration in Karvina
ISBN
978-80-7510-457-1
Keywords in English
bankruptcy problem, division scheme, interval claims, fuzzy interval claims, uncertain estate
Links
GA21-03085S, research and development project.
Změněno: 2/1/2024 20:45, prof. RNDr. Jaroslav Ramík, CSc.
Abstract
V originále
In this paper we concentrate on situations where certain perfectly divisible estate has to be divided among claimants who can merely indicate the range of their claims, and the available amount is smaller than the aggregated claim. Funds’ allocation of a firm among its divisions, taxation problems, priority problems, distribution of costs of a joint project among the agents involved, various disputes including those generated by inheritance, or by cooperation in joint projects based on restricted willingness to pay, fit into this framework. The corresponding claim of each claimant can vary within a closed interval or fuzzy interval. For claims, fuzzy intervals are applied whenever the claimants can distinguish a possibility of attaining the amount of estate, and/or its membership degree of a possibility of attainment. When claims of claimants have fuzzy interval uncertainty, we settle such type of division problems by transforming it into division problems under interval uncertainty. A similar approach is applied to deal with uncertainty of estate to be divided. Here, a probability interpretation can also be considered e.g. in taxation problems. We classify the division problems under uncertainty of claims and/or estate and present basic division scheme, which is consistent with the classical bankruptcy proportional rule. Two examples are presented to illustrating particular problems and solution concepts.