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In voting problems where agents have well behaved (Lipschitz continuous) utility functions on a multidimensional space of alternatives, a voting rule is threshold strategy-proof if any agent can only obtain a limited utility gain by not voting for a most preferred alternative,given that the...
Persistent link: https://www.econbiz.de/10011200253
We consider a probabilistic approach to the problem of assigning K indivisible identical objects to a set of agents with single-peaked preferences. Using the ordinal extension of preferences, we characterize the class of uniform probabilistic rules by Pareto efficiency, strategy-proofness, and...
Persistent link: https://www.econbiz.de/10005545610
Moulin (1999) characterizes the fixed-path rationing methods by efficiency, strategy-proofness, consistency, and resource-monotonicity. In this note, we give a straightforward proof of his result.
Persistent link: https://www.econbiz.de/10005133098
We study the problem of locating two public Godds for a group of agents with single-peaked preferences over an interval.
Persistent link: https://www.econbiz.de/10005133102
This paper considers environments in which several agents (countries, farmers, cities) share water from a river. Each agent enjoys a concave benefit function from consuming water up to a satiation level. Noncooperative extraction is typically inefficient and any group of agents can gain if they...
Persistent link: https://www.econbiz.de/10005176770
With diminishing global water reserves the problem of water allocation becomes increasingly important. We consider the problem of efficiently sharing a river among a group of satiable countries. Inducing countries to efficiently cooperate requires monetary compensations via international...
Persistent link: https://www.econbiz.de/10005176785
In voting problems where agents have well behaved (Lipschitz continuous) utility functions on a multidimensional space of alternatives, a voting rule is threshold strategy-proof if any agent can only obtain a limited utility gain by not voting for a most preferred alternative,given that the...
Persistent link: https://www.econbiz.de/10005304954
Persistent link: https://www.econbiz.de/10006780797