The contested garment (CG) rule, also called concede-and-divide, is a division rule for solving problems of conflicting claims (also called "bankruptcy problems"). The idea is that, if one claimant's claim is less than 100% of the estate to divide, then he effectively concedes the unclaimed estate to the other claimant. Therefore, we first give to each claimant, the amount conceded to him/her by the other claimant. The remaining amount is then divided equally among the two claimants.
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| - Contested garment rule (en)
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| - The contested garment (CG) rule, also called concede-and-divide, is a division rule for solving problems of conflicting claims (also called "bankruptcy problems"). The idea is that, if one claimant's claim is less than 100% of the estate to divide, then he effectively concedes the unclaimed estate to the other claimant. Therefore, we first give to each claimant, the amount conceded to him/her by the other claimant. The remaining amount is then divided equally among the two claimants. (en)
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| - The contested garment (CG) rule, also called concede-and-divide, is a division rule for solving problems of conflicting claims (also called "bankruptcy problems"). The idea is that, if one claimant's claim is less than 100% of the estate to divide, then he effectively concedes the unclaimed estate to the other claimant. Therefore, we first give to each claimant, the amount conceded to him/her by the other claimant. The remaining amount is then divided equally among the two claimants. The CG rule first appeared in the Mishnah, exemplified by a case of conflict over a garment, hence the name. In the Mishnah, it was described only for two-people problems. But in 1985, Robert Aumann and Michael Maschler have proved that, in every bankruptcy problem, there is a unique division that is consistent with the CG rule for each pair of claimants. They call the rule, that selects this unique division, the CG-consistent rule (it is also called the Talmud rule). (en)
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