SOLOMON'S DILEMMA: AN EXPERIMENTAL STUDY ON DYNAMIC IMPLEMENTATION

Dunia López-Pintado () and Giovanni Ponti ()
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Dunia López-Pintado: Universidad de Alicante
Authors registered in the RePEc Author Service: Dunia Lopez Pintado

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: This paper reports an experimental investigation on two mechanisms for the so-called King Solomon Dilemma, where one of them fails to implement the social choice rule dynamically. We compare the two mechanisms in terms of their welfare, incentive and learning properties.

Keywords: experiments; implementation; backward induction; bounded rationality (search for similar items in EconPapers)
JEL-codes: C70 C78 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2003-03
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Citations: View citations in EconPapers (8)

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http://www.ivie.es/downloads/docs/wpasad/wpasad-2003-11.pdf Fisrt version / Primera version, 2003 (application/pdf)

Related works:
Journal Article: Solomon's Dilemma: An experimental study on dynamic implementation (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:2003-11

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