Showing 1 - 8 of 8
We study the general problem of public choice. We consider environments where agents’ identities may not be observable. A “rule” associates a preference profile with an alternative. An agent may create fictitious identities and submit multiple preference relations under them. We study...
Persistent link: https://www.econbiz.de/10011041704
In a model with finitely many agents who have single-dipped Euclidean preferences on a disc in the Euclidean plane, a rule assigns to each profile of reported dips a point of the disc. It is proved that any strategy-proof and Pareto optimal rule is dictatorial. This framework models situations...
Persistent link: https://www.econbiz.de/10011041815
We provide a short proof for the following characterization of the core in housing markets first proved by Ma (1994): the core is the only rule that satisfies strategy-proofness, Pareto efficiency and individual rationality.
Persistent link: https://www.econbiz.de/10011189557
We prove the following result which is equivalent to the Gibbard–Satterthwaite Theorem: when there are at least 3 alternatives, for any unanimous and strategy-proof social choice function, at any given profile if an individual’s top ranked alternative differs from the social choice, then she...
Persistent link: https://www.econbiz.de/10010594069
We show that any deterministic mechanism, for allocating identical items that are complements to budget-constrained bidders, cannot simultaneously satisfy individual-rationality, strategy-proofness, Pareto-efficiency, and no-positive-transfers. This holds even for two bidders, two items, and...
Persistent link: https://www.econbiz.de/10010572199
This paper is concerned with the problem of extending an antisymmetric binary relation on a set to a linear order on the power set. A necessary and sufficient condition is offered.
Persistent link: https://www.econbiz.de/10010572204
We show that every strategy-proof random social choice function is a convex combination of strategy-proof deterministic social choice functions in a two-alternative voting model. This completely characterizes all strategy-proof random social choice functions in this setting.
Persistent link: https://www.econbiz.de/10010576460
The Condorcet rule on the domain of profiles at which there exists a unique Condorcet winner is the unique rule satisfying anonymity, neutrality, and strategy-proofness.
Persistent link: https://www.econbiz.de/10011208444