Abstract
A group of students who have applied for scholarships must be ranked. The committee responsible for determining this ranking consists of the students’ advisors. While impartial towards other students, the advisors are biased towards favoring their students. This paper examines the implementation of the deserving ranking via backward induction. Some of the best-known sequential mechanisms utilized in the real world are ineffective. We present two simple and natural sequential mechanisms that prove to be effective. The first mechanism is suitable for when there are precisely three students, and the second is for four or more students.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
