A simple bijective proof of a familiar derangement recurrence

It is well known that the derangement numbers $d_n$, which count permutations of length $n$ with no fixed points, satisfy the recurrence $d_n=nd_{n-1}+(-1)^n$ for $n\ge1$. Combinatorial proofs of this formula have been given by Remmel, Wilf, Désarménien and Benjamin--Ornstein. Here we present yet another, arguably simpler, bijective proof.

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