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http://hdl.handle.net/2445/192705| Title: | Non-manipulability by clones in bankruptcy problems |
| Author: | Calleja, Pere Llerena Garrés, Francesc |
| Keywords: | Fallides bancàries Expectatives racionals (Teoria econòmica) Nombres racionals Desinformació Bank failures Rational expectations (Economic theory) Rational numbers Disinformation |
| Issue Date: | Dec-2022 |
| Publisher: | Elsevier B.V. |
| Abstract: | 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 |
| Note: | Reproducció del document publicat a: https://www.sciencedirect.com/science/article/pii/S0165176522003950 |
| It is part of: | Economics Letters, 2022, vol. 221, num. 110921, p. 1-6 |
| URI: | http://hdl.handle.net/2445/192705 |
| ISSN: | 0165-1765 |
| Appears in Collections: | Articles publicats en revistes (Matemàtica Econòmica, Financera i Actuarial) |
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