search query: @indexterm Economic behaviour / total: 184
reference: 40 / 184
Author: | Perry, M. Reny, P. |
Title: | A general solution to King Solomon's dilemma |
Journal: | Games and Economic Behavior
1999 : FEB, VOL. 26:2, p. 279-285 |
Index terms: | GAMES ECONOMIC BEHAVIOUR AGENCY THEORY |
Language: | eng |
Abstract: | In general terms, Solomon's dilemma is this. There are many agents. An object must be awarded at no cost to the one agent who values it most. The authors provide a mechanism that implements this outcome in interactively weakly undominated strategies when it is common knowledge that the agent who most values the object knows who he is. A classical situation involving disagreement between two parties is "King Solomon's Dilemma". |
SCIMA