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Erratum. Bankruptcy rules and coalitional manipulation [IGTR, 9(1), 105-118, 2007]

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  • MORENO-TERNERO, Juan D.

Abstract

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.
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Suggested Citation

  • MORENO-TERNERO, Juan D., 2007. "Erratum. Bankruptcy rules and coalitional manipulation [IGTR, 9(1), 105-118, 2007]," LIDAM Reprints CORE 2046, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvrp:2046
    DOI: 10.1142/S0219198907001497
    Note: In : International Game Theory Review, 9(2), 411-424, 2007
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    1. -, 2007. "Финансовый Юмор," Российский внешнеэкономический вестник, CyberLeninka;Государственное образовательное учреждение Высшего профессионального образования Всероссийская академия внешней торговли Минэкономразвития России, issue 11, pages 1-79.
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    4. -, 2007. "Встреча В Севилье," Foresight-Russia Форсайт, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 1(1), pages 1-81.
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    Cited by:

    1. René Brink & Juan D. Moreno-Ternero, 2017. "The reverse TAL-family of rules for bankruptcy problems," Annals of Operations Research, Springer, vol. 254(1), pages 449-465, July.
    2. Elisenda Molina & Juan Tejada & Tom Weiss, 2022. "Some game theoretic marketing attribution models," Annals of Operations Research, Springer, vol. 318(2), pages 1043-1075, November.
    3. Doudou Gong & Genjiu Xu & Xuanzhu Jin & Loyimee Gogoi, 2022. "A sequential partition method for non-cooperative games of bankruptcy problems," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 30(2), pages 359-379, July.
    4. Alfredo Valencia-Toledo & Juan Vidal-Puga, 2020. "Reassignment-proof rules for land rental problems," International Journal of Game Theory, Springer;Game Theory Society, vol. 49(1), pages 173-193, March.
    5. Elisenda Molina & Juan Tejada & Tom Weiss, 2020. "Some game theoretic marketing attribution models," Papers 2012.00812, arXiv.org.

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      JEL classification:

      • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
      • C0 - Mathematical and Quantitative Methods - - General
      • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
      • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
      • D5 - Microeconomics - - General Equilibrium and Disequilibrium
      • D7 - Microeconomics - - Analysis of Collective Decision-Making
      • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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