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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 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