Mechanism Design

The Acceptability of Lotteries in Allocation Problems: a Choice-Based Approach

We report the results of two experiments on the social acceptability of random devices in allocation mechanisms. A majority of subjects do not opt for a lottery if they can rationalize an alternative mechanism as non-random. It is, however, possible …

The Acceptability of Lotteries in Allocation Problems: a Choice-Based Approach

The Acceptability of Lotteries in Allocation Problems: a Choice-Based Approach