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Coalitional manipulations in a bankruptcy problem

Author

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  • M. Angeles de Frutos

    (Universidad Carlos III de Madrid, Departamento de EconomÎa, Calle Madrid 126, E-28903 Getafe , Spain)

Abstract

In a bankruptcy problem framework we consider rules immune to possible manipulations by the creditors involved in the problem via merging or splitting of their individual claims. The paper provides characterization theorems for the non manipulable rules, the no advantageous merging parametric rules and the no advantageous splitting parametric rules.

Suggested Citation

  • M. Angeles de Frutos, 1999. "Coalitional manipulations in a bankruptcy problem," Review of Economic Design, Springer;Society for Economic Design, vol. 4(3), pages 255-272.
    • Handle: RePEc:spr:reecde:v:4:y:1999:i:3:p:255-272
    Note: Received: 24 February 1998 / accepted: 9 March 1999
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    More about this item

    Keywords

    Axiomatic analysis; merging; splitting;
    All these keywords.

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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