Friend-based ranking

Francis Bloch*, Matthew Olckers

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

3 Citations (Scopus)

Abstract

We analyze the design of a mechanism to extract a ranking of individuals according to a unidimensional characteristic, such as ability or need. Individuals, connected on a social network, only have local information about the ranking. We show that a planner can construct an ex post incentive compatible and efficient mechanism if and only if every pair of friends has a friend in common.

Original languageEnglish
Pages (from-to)176-214
Number of pages39
JournalAmerican Economic Journal: Microeconomics
Volume14
Issue number2
DOIs
Publication statusPublished - 2022
Externally publishedYes

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