Showing 1 - 5 of 5
We study strategic voting after weakening the notion of strategy-proofness to Ordinal Bayesian Incentive Compatibility (OBIC). Under OBIC, truthelling is required to maximize the expected utility being computed with respect to the voter's prior beliefs and under the assumption that everybody...
Persistent link: https://www.econbiz.de/10004979297
Persistent link: https://www.econbiz.de/10004979306
We study mechanism design in quasi-linear environments when there are two alternatives. We show that under a mild range condition, every implementable deterministic allocation rule is a generalized utility function maximizer. In unbounded domains, if we replace our range condition by an...
Persistent link: https://www.econbiz.de/10010706361
We provide axiomatic characterizations of two natural families of rules for aggregating equivalence relations: the family of join aggregators and the family of meet aggregators. The central conditions in these characterizations are two separability axioms. Disjunctive separability, neutrality,...
Persistent link: https://www.econbiz.de/10008616898
We consider dominant strategy implementation in private values settings, when agents have multi-dimensional types, the set of alternatives is finite, monetary transfers are allowed, and agents have quasi-linear utilities. We show that any implementable and neutral social choice function must be...
Persistent link: https://www.econbiz.de/10008616903