TY - JOUR
T1 - A General Solution to King Solomon's Dilemma
AU - Perry, Motty
AU - Reny, Philip J.
PY - 1999/1
Y1 - 1999/1
N2 - 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. We provide a mechanism that implements this outcome in iteratively weakly undominated strategies when it is common knowledge that the agent who most values the object knows who he is.Journal of Economic LiteratureClassification Numbers: C60, C72, D61, D74, D82.
AB - 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. We provide a mechanism that implements this outcome in iteratively weakly undominated strategies when it is common knowledge that the agent who most values the object knows who he is.Journal of Economic LiteratureClassification Numbers: C60, C72, D61, D74, D82.
UR - http://www.scopus.com/inward/record.url?scp=0000477263&partnerID=8YFLogxK
U2 - 10.1006/game.1998.0655
DO - 10.1006/game.1998.0655
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AN - SCOPUS:0000477263
SN - 0899-8256
VL - 26
SP - 279
EP - 285
JO - Games and Economic Behavior
JF - Games and Economic Behavior
IS - 2
ER -