A mechanism to pick the deserving winner

Anna Moskalenko

Working Papers from Universitat Rovira i Virgili, Department of Economics

Abstract: A group of individuals is choosing an individual (the winner) among themselves, when the identity of the deserving winner is a common knowledge among individuals. A simple mechanism of voting by veto is proposed as an alternative to the mechanism studied by Amorós (2011). Like Amorós’(2011), the suggested mechanism implements the socially desirable outcome (the deserving winner is chosen) in subgame perfect equilibria. Keywords: Implementation, mechanism design, subgame perfect equilibrium, individuals choosing among themselves, voting by veto. JEL classification: C72, D71, D78

Keywords: Jocs no-cooperatius (Matemàtica); Elecció social; 33 - Economia (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-cdm, nep-gth and nep-mic
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Citations: View citations in EconPapers (1)

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