Bogomolnaia, Anna; Holzman, Ron; Moulin, Hervé - In: Theoretical economics : TE ; an open access journal in … 18 (2023) 1, pp. 97-127
A mechanism guarantees a certain welfare level to its agents, if each of them can secure that level against unanimously adversarial others. How high can such a guarantee be, and what type of mechanism achieves it? In the n-person probabilistic voting/bargaining model with p deterministic...