EconPapers    
Economics at your fingertips  
 

Collectively Ranking Candidates - An Axiomatic Approach -

Werner Güth ()

No 2011-020, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: Different evaluators typically disagree how to rank different candidates since they care more or less for the various qualities of the candidates. It is assumed that all evaluators submit vector bids assigning a monetary bid for each possible rank order. The rules must specify for all possible vectors of such vector bids the collectively binding rank order of candidates and the "payments" for this bid vector and its implied rank order. Three axioms uniquely define the "procedurally fair" ranking rules. We finally discuss how our approach can be adjusted to situations where one wants to rank only acceptable candidates.

Keywords: social ranking; fairness; fair game forms; objective equality; mechanism desig; committee decision making (search for similar items in EconPapers)
JEL-codes: C70 C72 D63 D71 (search for similar items in EconPapers)
Date: 2011-04-07
New Economics Papers: this item is included in nep-cdm and nep-gth
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://oweb.b67.uni-jena.de/Papers/jerp2011/wp_2011_020.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jrp:jrpwrp:2011-020

Access Statistics for this paper

More papers in Jena Economics Research Papers from Friedrich-Schiller-University Jena
Bibliographic data for series maintained by Markus Pasche ().

 
Page updated 2024-07-17
Handle: RePEc:jrp:jrpwrp:2011-020