Moreno-Ternero, Juan D.Tsay, Min-HungYeh, Chun-Hsien2025-01-072025-01-072020International Journal of Game Theory, Vol. 49, No. 4, 1045-1057.https://doi.org/10.1007/s00182-020-00727-zhttps://hdl.handle.net/10433/22176FECYT -- JUSTICIA ECONOMICA Y BIENESTAR SOCIAL EN UN CONTEXTO DE RECURSO...We follow the Nash program to provide a new strategic justification of the Talmud rule in bankruptcy problems. The design of our game is based on a focal axiomatization of the rule, which combines consistency with meaningful lower and upper bounds to all creditors. Our game actually considers bilateral negotiations, inspired by those bounds, which are extended to an arbitrary number of creditors, by means of consistency.application/pdfenNash programStrategic justificationConsistencyLower boundsUpper boundsTalmud ruleA strategic justification of the Talmud rule based on lower and upper boundsjournal articleopen access