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handle: 10016/3934
There are n graduate students and n faculty members. Each student will be assigned a scholarship by the joint faculty. The socially optimal outcome is that the best student should get the most prestigious scholarship, the second-best student should get the second most prestigious scholarship, and so on. The socially optimal outcome is common knowledge among all faculty members. Each professor wants one particular student to get the most prestigious scholarship and wants the remaining scholarships to be assigned according to the socially optimal outcome. We consider the problem of finding a mechanism such that in equilibrium, all scholarships are assigned according to the socially optimal outcome.
Noncooperative games, dominant strategies, Applications of game theory, implementation, Nash equilibrium, Economía
Noncooperative games, dominant strategies, Applications of game theory, implementation, Nash equilibrium, Economía
| selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | 25 | |
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| influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Top 10% | |
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