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Rotation programs are widely used in societies. Some examples are job rotations, rotation schemes in the management of common-pool resources, and rotation procedures in fair division problems. We study rotation programs via the implementation of Pareto efficient social choice rules under...
Persistent link: https://www.econbiz.de/10013231129
Implementation of a solution can be thought of as a way to design power distribution in a society such that for each admissible preference profile, the set of equilibrium outcomes coincides with the set of outcomes that the solution would select for it. By using the notion of a rights structure...
Persistent link: https://www.econbiz.de/10012913468
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Rotation programs are widely used in societies. Some examples are job rotations, rotation schemes in the management of common-pool resources, and rotation procedures in fair division problems. We study rotation programs via the implementation of Pareto efficient social choice rules under...
Persistent link: https://www.econbiz.de/10013226367
In this paper, we re-examine the classical questions of implementation theory under complete information in a setting where coalitions are the fundamental behavioral units and the outcomes of their interactions are predicted by applying the solution concept of the core. The planner's exercise...
Persistent link: https://www.econbiz.de/10012896398
Persistent link: https://www.econbiz.de/10014426100
Rotation programs are widely used in societies. Some examples are job rotations, rotation schemes in the management of common-pool resources, and rotation procedures in fair division problems. We study rotation programs via the implementation of Pareto efficient social choice rules under...
Persistent link: https://www.econbiz.de/10012519973
We study the relationship between two-agent implementation problems and the notionof interim efficiency due to Holmström and Myerson (1983) in Bayesian environmentswith private values and independent types. We present a general property, Bayesianefficiency, and show that it is sufficient for...
Persistent link: https://www.econbiz.de/10012852742
A choice behavior is rational if it is made in accordance with the maximization of some context-independent preference relation. This paper re-examines the classical questions of implementation theory under complete information in a setting in which players' choices need not be rational and in...
Persistent link: https://www.econbiz.de/10012827760