Showing 1 - 10 of 1,748
Persistent link: https://www.econbiz.de/10009547305
Persistent link: https://www.econbiz.de/10011502698
Persistent link: https://www.econbiz.de/10010339101
Persistent link: https://www.econbiz.de/10001413319
This paper experimentally examines a procedurally fair provision mechanism allowing members of a small community to determine, via their bids, which of four alternative public projects to implement. Previous experiments with positive cost projects have demonstrated that the mechanism is...
Persistent link: https://www.econbiz.de/10009784119
In an incomplete information setting, we analyze the sealed bid auction proposed by Knaster (cf. Steinhaus (1948)). This procedure was designed to efficiently and fairly allocate multiple indivisible items when participants report their valuations truthfully. In equilibrium, players do not...
Persistent link: https://www.econbiz.de/10009753712
Persistent link: https://www.econbiz.de/10010486578
Persistent link: https://www.econbiz.de/10011296487
Persistent link: https://www.econbiz.de/10012509140
Persistent link: https://www.econbiz.de/10014545378