Non-manipulability by clones in bankruptcy problems

We introduce non-manipulability by clones for bankruptcy problems, which entitles claimants to merge or split only when they are or become identical agents. We show that this weaker nonmanipulability requirement, together with either claim monotonicity or claims continuity, allows for new characteri...

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Detalhes bibliográficos
Autores: Calleja, Pere, Llerena Garrés, Francesc
Tipo de documento: artigo
Estado:Versión aceptada para publicación
Data de publicação:2022
País:España
Recursos:Universidad de Barcelona
Repositório:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/192705
Acesso em linha:https://hdl.handle.net/2445/192705
Access Level:Acceso aberto
Palavra-chave:Fallides bancàries
Expectatives racionals (Teoria econòmica)
Nombres racionals
Desinformació
Bank failures
Rational expectations (Economic theory)
Rational numbers
Disinformation
Descrição
Resumo:We introduce non-manipulability by clones for bankruptcy problems, which entitles claimants to merge or split only when they are or become identical agents. We show that this weaker nonmanipulability requirement, together with either claim monotonicity or claims continuity, allows for new characterizations of the proportional rule on the general class of bankruptcy problems