English, Article edition: ERRATUM: "BANKRUPTCY RULES AND COALITIONAL MANIPULATION" JUAN D. MORENO-TERNERO

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Bookmark: http://trove.nla.gov.au/version/144822
Physical Description
  • article
Language
  • English

Edition details

Title
  • ERRATUM: "BANKRUPTCY RULES AND COALITIONAL MANIPULATION"
Author
  • JUAN D. MORENO-TERNERO
Physical Description
  • article
Notes
  • In this paper, we study the immunity of bankruptcy rules to manipulation via merging or splitting agents' claims. We focus on the TAL-family of bankruptcy rules (Moreno-Ternero &​ Villar, 2006), a one-parameter family encompassing three classical rules: the Talmud (T) rule, the constrained equal-awards (A) rule and the constrained equal-losses (L) rule. We show that all rules within the TAL-family are partially non-manipulable and identify the domain of problems where each rule is either non-manipulable by merging or non-manipulable by splitting. We also show that they can be ranked in terms of their relative non-manipulability, according to the parameter that generates the family.
  • Bankruptcy problems, TAL-family, manipulation by merging, manipulation by splitting, JEL Classification: D63
  • RePEc:wsi:igtrxx:v:09:y:2007:i:02:p:411-424
Language
  • English
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