Estimation of bankruptcy rules with a priori unions for establishing new systems of quotas

  1. Alejandro Saavedra-Nieves
  2. Paula Saavedra-Nieves
Revista:
BEIO, Boletín de Estadística e Investigación Operativa

ISSN: 1889-3805

Ano de publicación: 2023

Volume: 39

Número: 1

Tipo: Artigo

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Outras publicacións en: BEIO, Boletín de Estadística e Investigación Operativa

Resumo

This paper addresses a sampling procedure for estimating extensions of the random arrival rule to those bankruptcy situations where there exist a priori unions. It is based on simple random sampling with replacement and it adapts an estimation method of the Owen value for transferable utility games with a priori unions, especially useful when the set of involved agents is sufficiently large. We analyse the theoretical statistical properties of the resulting estimator as well as we provide some bounds for the incurred error. Its performance is evaluated on two well-studied examples in literature where this allocation rule can be exactly obtained. Finally, we apply this sampling method to provide a new quota system for the milk market in Galicia (Spain) for checking the role of different territorial structures when they are taken as a priori unions. The resulting quotas estimator is also compared with two classical rules in bankruptcy literature.

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