Saijo, Tatsuyoshi; Cason, Timothy N.; Sjostrom, Tomas - Research Institute of Economy, Trade and Industry (RIETI) - 2003
Strategy-proofness, requiring that truth-telling is a dominant strategy, is a standard concept used in social choice theory. Saijo et al. (2003) argue that this concept has serious drawbacks. In particular, announcing one's true preference may not be a unique dominant strategy, and almost all...