Showing 1 - 2 of 2
For a mechanism designer with an objective such as welfare we propose a method for robustly ranking mechanisms. The method is based on eliminating weakly dominated strategies only, and thus does not require any assumptions about agents' beliefs about each other except full support. We illustrate...
Persistent link: https://www.econbiz.de/10010815581
What are good voting rules if voting is costly? We analyze this question for the case that an electorate chooses among two alternatives. In a symmetric private value model of voting we show that majority voting with voluntary participation Paretodominates majority voting with compulsory...
Persistent link: https://www.econbiz.de/10005233723