The Conditional Auction Mechanism for Sharing a Surplus
- 1 January 1984
- journal article
- Published by Oxford University Press (OUP) in The Review of Economic Studies
- Vol. 51 (1) , 157-170
- https://doi.org/10.2307/2297711
Abstract
A first-bid auction to allocate the leadership role is used to choose a public decision and a balanced set of transfers. The mechanism is shown to imKeywords
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