title   
  

An analysis of dynamic bankruptcy problems

Turhan, Bertan (2009) An analysis of dynamic bankruptcy problems. [Thesis]

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Official URL: http://192.168.1.20/record=b1296016 (Table of Contents)

Abstract

In this paper, we analyse Pareto optimal and strategy-proof allocation rules on the dynamic bankruptcy domain. We first develop a model in which dynamic bankruptcy problems are defined. We then redefine the well-known axioms of the classical bankruptcy literature for the dynamic case. In our analysis, for simplicity, two agents and two periods are considered. We first characterize Pareto optimal allocations on the dynamic bankruptcy domain. The main result of the paper characterizes the Pareto optimal and strategy-proof allocation rules on the same domain.

Item Type:Thesis
Uncontrolled Keywords:Dynamic bankruptcy problem. -- Pareto optimality. -- Strategy-proofness. -- Dinamik iflas problemi. -- Pareto optimallik.
Subjects:H Social Sciences > HB Economic Theory
ID Code:16504
Deposited By:IC-Cataloging
Deposited On:25 May 2011 15:33
Last Modified:25 May 2011 15:33

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