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Georgy Artemov |
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''Imminent Nash Implementation as a Solution to King Solomon's Dilemma'' |
( 2006, Vol. 4 No.14 ) |
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This paper offers a solution to King Solomon's problem of allocating an indivisible "prize" to two agents. We add time dimension to the original space of outcomes and construct a static mechanism similar to the one used in virtual implementation. The implementation is imminent: the mechanism results in the original outcome, which is provided with an arbitrarily small delay. |
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Keywords: implementation |
JEL: D7 - Analysis of Collective Decision-Making: General
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Manuscript Received : Apr 20 2006 | | Manuscript Accepted : Apr 20 2006 |
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