Three-agent Peer Evaluation

Preprint OPEN
Vicki Knoblauch;
(2008)
  • Subject: division function, impartial, consensual
    • jel: jel:D63 | jel:D70

I show that every rule for dividing a dollar among three agents impartially (so that each agent's share depends only on her evaluation by her associates) underpays some agent by at least one-third of a dollar for some consistent profile of evaluations. I then produce an... View more
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