King Solomon's dilemma: an experiment on implementation in iterative elimination of (obviously) dominated strategies

DOI10.1007/S10058-023-00328-8zbMATH Open1537.9113MaRDI QIDQ6541988

Makoto Hagiwara, Fumihiro Yonekura

Publication date: 21 May 2024

Published in: Review of Economic Design (Search for Journal in Brave)

zbMATH Keywords

laboratory experimentKing Solomon's dilemmaascending clock auctionsMihara's mechanism

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Experimental work for problems pertaining to game theory, economics, and finance (91-05)

Cites Work

• Implementation by iterative dominance and backward induction: An experimental comparison
• Make a guess: a robust mechanism for King Solomon's dilemma
• Implementing efficient multi-object auction institutions: An experimental study of the performance of boundedly rational agents
• Efficient allocation of a ``prize --- King Solomon's dilemma
• A general solution to King Solomon's dilemma
• A laboratory investigation of multiperson rationality and presentation effects
• A simple and general solution to King Solomon's problem
• Solomon's dilemma: An experimental study on dynamic implementation
• Approval mechanism to solve prisoner's dilemma: comparison with Varian's compensation mechanism
• The minimum approval mechanism implements the efficient public good allocation theoretically and experimentally
• Abreu-Matsushima mechanisms: Experimental evidence
• Do People Rely on the Self-Interested Maximization of Others? An Experimental Test
• Identifying Higher-Order Rationality

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