Reinterpreting King Solomon's problem: Malice and mechanism design

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2014
Volume: 98
Issue: C
Pages: 125-132

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

I argue for an alternative interpretation of King Solomon's problem in terms of one of the two claimants being “malicious”. A “malicious” claimant places no intrinsic value on the object but derives utility from depriving the rival claimant. This new interpretation permits a simpler solution than those considered in the literature; I derive a mechanism that induces truthful revelation where the equilibrium involves a single round of elimination of weakly dominated strategies, and no monetary transfers. I consider extensions which allow for the malicious claimant to also place some low but positive intrinsic valuation on the object; I also discuss the possibility of two-sided malice, and provide examples of several real-life contexts to which the mechanism or its extensions are applicable.

Technical Details

RePEc Handle
repec:eee:jeborg:v:98:y:2014:i:c:p:125-132
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25