Showing 1 - 10 of 35
A collective decision problem is described by a set of agents, a profile of single-peaked preferences over the real line and a number k of public facilities to be located. We consider public facilities that do not su¤er from congestion and are non-excludable. We provide a characterization of...
Persistent link: https://www.econbiz.de/10008617066
We study the construction of a social ordering function for the case of a public good financed by contributions from the population, and we extend the analysis of Maniquet and Sprumont (2004) to the case when contributions cannot be negative, i.e. agents cannot receive subsidies from others.
Persistent link: https://www.econbiz.de/10008617085
preferences have played an important role in areas such as voting, strategy-proofness and matching problems. We examine the notion …
Persistent link: https://www.econbiz.de/10010927897
We consider envy-free (and budget-balanced) rules that are least manipulable with respect to agents counting or with respect to utility gains. Recently it has been shown that for any profile of quasi-linear preferences, the outcome of any such least manipulable envy-free rule can be obtained via...
Persistent link: https://www.econbiz.de/10010927904
An aggregation rule maps each profile of individual strict preference orderings over a set of alternatives into a social ordering over that set. We call such a rule strategyproof if misreporting one’s preference never produces a social ordering that is strictly between the original ordering...
Persistent link: https://www.econbiz.de/10010927921
Public policies often involve choices of alternatives in which the size and the composition of the population may vary. Examples are the allocation of resources to prenatal care and the design of aid packages to developing countries. In order to assess the corresponding feasible choices on...
Persistent link: https://www.econbiz.de/10005346025
A group of agents located along a river have quasi-liner preferences over water and money. We ask how water should be allocated and what money transfers should be performed.
Persistent link: https://www.econbiz.de/10005353061
preferences have played an important role in areas such as voting, strategy-proofness and matching problems. We examine the notion …
Persistent link: https://www.econbiz.de/10010671639
This paper provides new versions of Harsanyi's social aggregation theorem that are formulated in terms of prospects rather than lotteries. Strengthening an earlier result, fixed-population ex-ante utilitarianism is characterized in a multi-profile setting with fixed probabilities. In addition,...
Persistent link: https://www.econbiz.de/10005729584
This paper revisits Diamond’s classical impossibility result regarding the ordering of infinite utility streams. We show that if no representability condition is imposed, there do exist strongly Paretian and finitely anonymous orderings of intertemporal utility streams with attractive...
Persistent link: https://www.econbiz.de/10005729634