Remarks on solidarity in bankruptcy problems when agents merge or split
In this note, we investigate the relationship between non-manipulability via merging (splitting) and strong non-manipulability via merging (splitting). Our analysis reveals that while these two non-manipulability axioms are generally not equivalent, they do coincide when the principle of solidarity...
| Autores: | , , |
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| Tipo de recurso: | artículo |
| Estado: | Versión aceptada para publicación |
| Fecha de publicación: | 2023 |
| País: | España |
| Institución: | Universidad de Barcelona |
| Repositorio: | Dipòsit Digital de la UB |
| OAI Identifier: | oai:diposit.ub.edu:2445/213301 |
| Acceso en línea: | https://hdl.handle.net/2445/213301 |
| Access Level: | acceso embargado |
| Palabra clave: | Fallida Anàlisi vectorial Solidaritat Bancs Bankruptcy Vector analysis Solidarity Banks |
| Sumario: | In this note, we investigate the relationship between non-manipulability via merging (splitting) and strong non-manipulability via merging (splitting). Our analysis reveals that while these two non-manipulability axioms are generally not equivalent, they do coincide when the principle of solidarity is satisfied. This principle is fulfilled by a wide range of bankruptcy rules, including parametric rules. |
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