Demange, Gabrielle http://orcid.org/0000-0003-2382-4988
Funding for this research was provided by:
Agence Nationale de la Recherche (ANR-18-CE26-0015-01)
Article History
Received: 1 February 2021
Accepted: 16 January 2023
First Online: 8 February 2023
Declarations
:
: The authors declared that they have no conflict of interest.
: ‘Not applicable’ As made explicit in the text, the current submission is related to the working paper ’Resolution rules in a system of financially linked firms’, hal-02502413. That paper studies a similar model but with main differences as it considers additional constraints reflecting legal or common constraints in the financial sector. As a result, the rules and their axiomatization differ. Furthermore, I am currently rewriting the working paper to develop a different aspect by studying the desirability of firms to rescue some others and allowing bankruptcy; the overlap will be null, apart the use of the same model and the entropy criteria.