Showing 1 - 4 of 4
It is proved that every strategy-proof, peaks-only or unanimous, probabilistic rule defined over a minimally rich domain of single-peaked preferences is a probability mixture of strategy-proof, peaks-only or unanimous, deterministic rules over the same domain. The proof employs Farkas’ Lemma...
Persistent link: https://www.econbiz.de/10010785394
We characterize the class of dominant-strategy incentive-compatible (or strategy-proof) random social choice functions in the standard multi-dimensional voting model where voter preferences over the various dimensions (or components) are lexicographically separable. We show that these social...
Persistent link: https://www.econbiz.de/10010875288
Persistent link: https://www.econbiz.de/10005388206
We study the assignment model where a collection of indivisible goods are sold to a set of buyers who want to buy at most one good. We characterize the extreme and interior points of the set of Walrasian equilibrium price vectors for this model. Our characterizations are in terms of demand sets...
Persistent link: https://www.econbiz.de/10008521764