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Implementation of the Ordinal Shapley Value for a three-agent economy

David Perez-Castrillo () and David Wettstein ()

UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)

Abstract: We propose a simple mechanism that implements the Ordinal Shapley Value (Pérez-Castrillo and Wettstein [2005]) for economies with three or less agents.

Keywords: Ordinal Shapley Value; implementation; mechanism design (search for similar items in EconPapers)
JEL-codes: C72 D50 D63 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gth
Date: 2005-05-18
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Persistent link: http://EconPapers.repec.org/RePEc:aub:autbar:647.05

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