Motives and Implementation: On the Design of Mechanisms to Elicit Opinions
Motives and Implementation: On the Design of Mechanisms to Elicit Opinions
复制标题
动机与实施:论征求意见机制的设计
DOI:
10.1006/jeth.1997.2385
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发表时间:
1998
影响因子:
1.6
通讯作者:
A. Rubinstein
中科院分区:
文献类型:
--
作者:
J. Glazer;A. Rubinstein
A number of experts receive noisy signals regarding a desirable public decision. The public target is to make the best possible decision on the basis of all the information held by the experts. We compare two “cultures.” In one, all experts are driven only by the public motive to increase the probability that the desirable action will be taken. In the second, each expert is also driven by aprivate motive: to have his recommendation accepted. We show that in the first culture, every mechanism will have an equilibrium which does not achieve the public target, whereas the second culture gives rise to a mechanism whose unique equilibrium outcome does achieve the public target.Journal of Economic LiteratureClassification Numbers: C72, D71.