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We develop an analysis of voting rules that is robust in the sense that we do not make any assumption regarding voters' knowledge about each other. In dominant strategy voting rules, voters' behavior can be predicted uniquely without making any such assumption. However, on full domains, the only...
Persistent link: https://www.econbiz.de/10011674607
We prove a general possibility result for collective decision problems where individual allocations are one-dimensional, preferences are single-peaked (strictly convex), and feasible allocation profiles cover a closed convex set. Special cases include the celebrated median voter theorem (Black...
Persistent link: https://www.econbiz.de/10011704962
The paper considers a voting model where each voter's type is her preference. The type graph for a voter is a graph whose vertices are the possible types of the voter. Two vertices are connected by an edge in the graph if the associated types are "neighbors." A social choice function is locally...
Persistent link: https://www.econbiz.de/10012806446
In a range of settings, private firms manage peer effects by sorting agents into different groups, be they schools, communities, or product categories. This paper considers such a firm, which controls group entry by setting a series of anonymous prices. We show that private provision...
Persistent link: https://www.econbiz.de/10011699153
We explore mechanism design with outcome-based social preferences. Agents' social preferences and private payoffs are all subject to asymmetric information. We assume quasi-linear utility and independent types. We show how the asymmetry of information about agents' social preferences can be...
Persistent link: https://www.econbiz.de/10014635255
We study full implementation with evidence in an environment with bounded utilities. We show that a social choice function is Nash implementable in a direct revelation mechanism if and only if it satisfies the measurability condition proposed by Ben-Porath and Lipman (2012). Building on a novel...
Persistent link: https://www.econbiz.de/10014576714
Persistent link: https://www.econbiz.de/10012125947
We study a problem of optimal auction design in the realistic case in which the players can collude both on the way they play in the auction and on their participation decisions. Despite the fact that the principal's opportunities for extracting payments from the agents in such a situation are...
Persistent link: https://www.econbiz.de/10011700241
We give a sufficient condition on the type space for revenue equivalence when the set of social alternatives consists of probability distributions over a finite set. Types are identified with real-valued functions that assign valuations to elements of this finite set, and the type space is...
Persistent link: https://www.econbiz.de/10011702275
A speaker wishes to persuade a listener to take a certain action. The conditions under which the request is justified, from the listener’s point of view, depend on the state of the world, which is known only to the speaker. Each state is characterized by a set of statements from which the...
Persistent link: https://www.econbiz.de/10011702810