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...

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Detalles Bibliográficos
Autores: Calleja, Pere, Llerena Garrés, Francesc, Sudhölter, Peter
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
Descripción
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.