In this paper, we analyze sequential bankruptcy problems, which generalize bankruptcy problems. They contain the problems of sharing water in a transboundary river and of allocating expedition rewards in projects. We provide three mechanisms for generalizing rules for bankruptcy problems to...

Mechanisms of consensual dispute resolution have existed within living memory. Recently they are gaining new steam as the European Union has issued and is proposing several regulations to advance the use of consensual conflict resolution. This article deals with various patterns of...

This paper axiomatically studies bankruptcy problems with nontransferable utility by adequately generalizing and analyzing properties for bankruptcy rules. In particular, we discuss several consistency notions and introduce the class of parametric bankruptcy rules. Moreover, we introduce the...

Spanish Abstract: Se analiza la formación de coaliciones regionales durante una de las fases de la votación del Plan Nacional de Inversiones Públicas con ayuda del concepto de pork barrel; y se realiza una propuesta metodológica para estudiar dichas coaliciones con la teoría de juegos...

This paper analyzes reputational bargaining between two parties who can strategically send an ultimatum to resolve the conflict by law. Each party is either a justified player who is inflexible about demand and resolves the conflict by law whenever possible, or an unjustified player who is...

In this paper, we analyze sequential bankruptcy problems, which generalize bankruptcy problems. They contain the problems of sharing water in a trans-boundary river and of allocating expedition rewards in projects. We provide three mechanisms for generalizing rules for bankruptcy problems to...

How does opinion polarization over matters of moral conviction affect the legislative outcome of parliamentary institutions? Analysis reveals that in the relatively common case, in which a party's voting power is positively correlated with the public support of the convictions it represents, if...

It is found that the “Theory of Moves” is adequate in a Cold War scenario, with functionally equal participants, such as the Cuban Missile Crisis. The destabilization of normal incentive systems, under power and information asymmetry, is what prevents an equilibrium from being reached, as...

A group of agents have claims on a resource, but there is not enough of it to honor all of the claims. How should it be divided? A group of agents decide to undertake a public project that they can jointly afford. How much should each of them contribute? This essay is an update of Thomson...

For the problem of adjudicating conflicting claims, a rule is consistent if the choice it makes for each problem is always in agreement with the choice it makes for each "reduced problem" obtained by imagining that some claimants leave with their awards and reassessing the situation from the...