Showing 1 - 10 of 25
Persistent link: https://www.econbiz.de/10003199030
Persistent link: https://www.econbiz.de/10003376140
Persistent link: https://www.econbiz.de/10003948392
Persistent link: https://www.econbiz.de/10003991134
Persistent link: https://www.econbiz.de/10003393075
Persistent link: https://www.econbiz.de/10009696140
Domains of individual preferences for which the well-known impossibility theorems of Gibbard-Satterthwaite and Muller-Satterthwaite do not hold are studied. To comprehend the limitations these results imply for social choice rules, we search for the largest domains that are possible. Here, we...
Persistent link: https://www.econbiz.de/10012720425
A social choice correspondence (SCC) is virtually implementable if it is E-close (in the probability simplex) to some (exactly) implementable correspondence. Abreu and Sen (1991) proved that, without restriction on the set of alternatives receiving strictly positive probability at equilibrium,...
Persistent link: https://www.econbiz.de/10014054171
Consider the problem of exact Nash implementation of social choice correspondences. Define a mechanism in which the planner can randomize on alternatives out of equilibrium while pure alternatives are always chosen in equilibrium. We call such a game form a lottery mechanism. When preferences...
Persistent link: https://www.econbiz.de/10014070475
Persistent link: https://www.econbiz.de/10003917590