Procedurally Fair Provision of Public ProjectsAn axiomatic characterization

Unanimous voting as the fundamental procedural source of political legitimacy grants vetopower to each individual. We present an axiomatic characterization of a class of biddingprocesses to spell out the underlying egalitarian values for collective projects of a“productive state”. At heart of such procedures is the determination of payments for allpossible bid vectors such that equal “profits” according to bids emerge. Along with otherintuitive requirements this characterizes procedurally fair bidding rules for advantageousprojects of a collectivity.