Full implementation of rank-dependent prizes

被引：1
|
作者：
Midjord, Rune [1 ]
机构：
[1] Univ Basque Country, Dept Appl Econ 2, Bilbao 48015, Spain
来源：
ECONOMICS LETTERS | 2013年 / 119卷 / 03期
关键词：
Full implementation; Direct mechanism; Verifiable information; Rank-order tournaments;
D O I：
10.1016/j.econlet.2013.02.028
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
A manager/mechanism designer must allocate a set of money prizes ($1, $2,..., $n) between n agents working in a team. The agents know the state, i.e., who contributed most, second most, etc. The agents' preferences over prizes are state independent. We incorporate the possibility that the manager knows the state with a tiny probability and present a simple mechanism that uniquely awards prizes that respect the true state. (C) 2013 Elsevier B.V. All rights reserved.
引用
收藏
页码：261 / 263
页数：3
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