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We propose a simple and practical "raffle" mechanism for allocating a limited supply of heterogeneous goods among unit demand consumers. While the mechanism is inspired by the common "tricky tray" raffle and a housing allocation system in Singapore, it has not been analyzed before, perhaps...
Persistent link: https://www.econbiz.de/10012963113
We study a voting scheme for multiple alternatives. Our scheme generalizes the two-alternative quadratic voting scheme of Lalley and Weyl. We prove that our generalization results in an outcome where the most-valued alternative wins, and that the vote totals order alternatives from most-to-least...
Persistent link: https://www.econbiz.de/10012894457
Ronald Dworkin's equality of resources, and the closely related concept of envy-freeness, are two of the fundamental ideas behind fair allocation of private goods. The appropriate analog to these concepts in a public decision-making environment is unclear, since all agents consume the same...
Persistent link: https://www.econbiz.de/10012866639
Most existing digital identity solutions are either centralized (e.g., national identity cards) or individualistic (e.g., most “self-sovereign” identity proposals). Outside of digital life, however, identity is typically social (for instance, “individual” data such as birthdate is shared...
Persistent link: https://www.econbiz.de/10012871984