Citation
M. Perry et Pj. Reny, A general solution to King Solomon's dilemma, GAME ECON B, 26(2), 1999, pp. 279-285
Citations number
7
Categorie Soggetti
Economics
Journal title
GAMES AND ECONOMIC BEHAVIOR
ISSN journal
08998256
→ ACNP
Volume
26
Issue
2
Year of publication
1999
Pages
279 - 285
Database
ISI
SICI code
0899-8256(199902)26:2<279:AGSTKS>2.0.ZU;2-9
Abstract
In general terms, Solomon's dilemma is this. There are many agents. An obje
ct must be awarded at no cost to the one agent who values it most. We provi
de a mechanism that implements this outcome in iteratively weakly undominat
ed strategies when it is common knowledge that the agent who most values th
e object knows who he is. Classification Numbers: C60, C72, D61, D74, D82.
(C) 1999 Academic Press.