Tom Wilkening

Getting Dynamic Implementation to Work

Yi-Chun Chen, Richard Holden, Takashi Kunimoto, Yifei Sun, Tom Wilkening

Journal article  |  2023  |  JOURNAL OF POLITICAL ECONOMY

We develop a new class of two-stage mechanisms, which fully implement any social choice function under initial rationalizability i..

Cognitive heterogeneity and complex belief elicitation

Ingrid Burfurd, Tom Wilkening

Journal article  |  2021  |  EXPERIMENTAL ECONOMICS

The Stochastic Becker-DeGroot-Marschak (SBDM) mechanism is a theoretically elegant way of eliciting incentive-compatible beliefs u..

Behavioral Constraints on the Design of Subgame-Perfect Implementation Mechanisms

Ernst Fehr, Michael Powell, Tom Wilkening

Journal article  |  2021  |  AMERICAN ECONOMIC REVIEW

We study subgame- perfect implementation (SPI) mechanisms that have been proposed as a solution to incomplete contracting problems..

Hidden Experts in the Crowd: Using Meta-Predictions to Leverage Expertise in Single-Question Prediction Problems

Tom Wilkening, Marcellin Martinie, Piers DL Howe

Journal article  |  2021  |  MANAGEMENT SCIENCE

Modern forecasting algorithms use the wisdom of crowds to produce forecasts better than those of the best identifiable expert. How..

Using meta-predictions to identify experts in the crowd when past performance is unknown.

Marcellin Martinie, Tom Wilkening, Piers DL Howe

Journal article  |  2020  |  PLoS One

A common approach to improving probabilistic forecasts is to identify and leverage the forecasts from experts in the crowd based o..

Two-sided allocation problems, decomposability, and the impossibility of efficient trade

D Delacrétaz, S Loertscher, LM Marx, T Wilkening

Journal article  |  2019  |  Journal of Economic Theory

Previous literature has shown that private information is a transaction cost that prevents efficient reallocation in two-sided set..

Experimental guidance for eliciting beliefs with the Stochastic Becker-DeGroot-Marschak mechanism

Ingrid Burfurd, Tom Wilkening

Journal article  |  2018  |  JOURNAL OF THE ECONOMIC SCIENCE ASSOCIATION-JESA

We compare different implementations of the Stochastic Becker–DeGroot–Marschak (SBDM) belief elicitation mechanism, which is theor..

The Role of Bounded Rationality and Imperfect Information in Subgame Perfect Implementation- An Empirical Investigation

P Aghion, E Fehr, R Holden, T Wilkening

Journal article  |  2018  |  Journal of the European Economic Association

In this paper we conduct a laboratory experiment to test the extent to which Moore and Repullo’s subgame perfect implementation me..

Information and the persistence of private-order contract enforcement institutions: An experimental analysis

Tom Wilkening

Journal article  |  2016  |  EUROPEAN ECONOMIC REVIEW

We study an experimental market in which some sellers are prone to moral hazard, and in which a private-order contract enforcement..

Evaluating the impact of visualization of wildfire hazard upon decision-making under uncertainty

L Cheong, S Bleisch, A Kealy, K Tolhurst, T Wilkening, M Duckham

Journal article  |  2016  |  International Journal of Geographical Information Science

The paper investigates whether the methods chosen for representing uncertain geographic information aid or impair decision-making ..