Abstract
I show that every rule for dividing a dollar among three agents impartially (so that each agent's share depends only on her evaluation by her associates) underpays some agent by at least one-third of a dollar for some consistent profile of evaluations. I then produce an impartial division rule that never underpays or overpays any agent by more than one-third of a dollar, and for most consistent evaluation profiles does much better.
Recommended Citation
Knoblauch, Vicki, "Three-agent Peer Evaluation" (2008). Economics Working Papers. 200828.
https://digitalcommons.lib.uconn.edu/econ_wpapers/200828
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