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On the advantages and disadvantages of being the first mover under rules of k names

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  • Salvador BarberÃ
  • Danilo Coelho

Abstract

Rules of k names are methods that allow two potentially conflicting parties to share the power to appoint officers. One of the parties (the proposer) selects k candidates from a larger pool, and then the other party (the chooser) selects the winner from this restricted list. We investigate conditions under which the two parties could agree ex ante on the distributions of roles, one of them preferring to be the chooser and the other preferring to be the proposer. We show that this may not always be possible, and discuss what are the relevant characteristics of the environments where agreement can be reached.

Suggested Citation

  • Salvador Barberà & Danilo Coelho, 2018. "On the advantages and disadvantages of being the first mover under rules of k names," International Journal of Economic Theory, The International Society for Economic Theory, vol. 14(1), pages 51-60, March.
    • Handle: RePEc:bla:ijethy:v:14:y:2018:i:1:p:51-60
    DOI: 10.1111/ijet.12138
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    Cited by:

    1. Laslier, Jean-François & Núñez, Matías & Remzi Sanver, M., 2021. "A solution to the two-person implementation problem," Journal of Economic Theory, Elsevier, vol. 194(C).
    2. Salvador Barberà & Danilo Coelho, 2024. "Mechanisms to Appoint Arbitrator Panels or Sets of Judges by Compromise Between Concerned Parties," Working Papers 1442, Barcelona School of Economics.
    3. Salvador Barberà & Geoffroy De Clippel & Alejandro Neme & Kareen Rozen, 2019. "Order-k Rationality," Working Papers 1130, Barcelona School of Economics.
      • Salvador Barberà & Geoffroy De Cleppel & Alejandro Neme & Kareen Rozeen, 2020. "Order-k Rationality," Working Papers 4, Red Nacional de Investigadores en Economía (RedNIE).
      • Salvador Barber‡ & Geoffroy de Clippel & Alejandro Neme & Kareen Rozen, 2020. "Order-k Rationality," Working Papers 2020-10, Brown University, Department of Economics.
    4. Salvador Barberà & Danilo Coelho, 2022. "Compromising on compromise rules," RAND Journal of Economics, RAND Corporation, vol. 53(1), pages 95-112, March.
    5. Salvador Barberà & Geoffroy de Clippel & Alejandro Neme & Kareen Rozen, 2022. "Order-k rationality," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(4), pages 1135-1153, June.

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