Axioms and Mechanisms for Donor Coordination
In this talk, we survey some existing literature in mechanism design that has applications to the problem of donor coordination. We will formalise this setting as a public goods market, and note connections to the problem of participatory budgeting, and of designing probabilistic voting rules. We then discuss some solution concepts (such as welfare maximisation, Nash equilibrium, Lindahl equilibrium, and the core), as well as desirable axioms that an allocation rule should satisfy. While there are some promising rules available, there are also strong impossibility theorems implying that all reasonable rules can be manipulated by free-riders.
Date: 16 February 2018, 12:00 (Friday, 5th week, Hilary 2018)
Venue: Littlegate House, 16-17 St Ebbe's Street OX1 1PT
Venue Details: Petrov Room, Suite 5, FHI
Speaker: Dominik Peters (University of Oxford)
Organising department: Faculty of Philosophy
Organisers: Dr Michelle Hutchinson (University of Oxford), Prof Hilary Greaves (University of Oxford)
Organiser contact email address: michelle.hutchinson@philosophy.ox.ac.uk
Part of: Global Priorities Seminars
Topics:
Booking required?: Not required
Audience: Members of the University only
Editor: Michelle Hutchinson