Distributing awards efficiently: More on King Solomon's problem
PK Bag, H Sabourian - Games and Economic Behavior, 2005 - Elsevier
We consider a multi-awards generalization of King Solomon's problem: k identical prizes
should be distributed, without any monetary transfers in equilibrium, among n> k agents,
with the top k valuation agents receiving the awards. Glazer and Ma [1989. Efficient
allocation of a prize—King Solomon's dilemma. Games Econ. Behav. 1, 222–233] analyzed
the single-prize version of this problem assuming complete information amongst the agents.
We show that with more than two agents the mechanism of Glazer and Ma admits inefficient …
should be distributed, without any monetary transfers in equilibrium, among n> k agents,
with the top k valuation agents receiving the awards. Glazer and Ma [1989. Efficient
allocation of a prize—King Solomon's dilemma. Games Econ. Behav. 1, 222–233] analyzed
the single-prize version of this problem assuming complete information amongst the agents.
We show that with more than two agents the mechanism of Glazer and Ma admits inefficient …
[CITATION][C] Distributing Awards Efficiently: More on King Solomon's Problem
PKB Sabourian - 2004 - econpapers.repec.org
… Abstract: We consider a multi-awards generalization of King Solomon's problem: $k$
identical and indivisible awards should be distributed among $n$ agents, $k Keywords:
Solomon's problem; prizes; implementation (search for similar items in EconPapers) …
Questions or problems? Check the EconPapers FAQ or send mail to …
identical and indivisible awards should be distributed among $n$ agents, $k Keywords:
Solomon's problem; prizes; implementation (search for similar items in EconPapers) …
Questions or problems? Check the EconPapers FAQ or send mail to …
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