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We consider the problem of allocating multiple units of an indivisible object among a set of agents and collecting payments. Each agent can receive multiple units of the object, and has a (possibly) non-quasi-linear preference on the set of (consumption) bundles. We assume that preferences...
Persistent link: https://www.econbiz.de/10013349607
and are non-excludable. We provide a characterization of the class of rules satisfying Pareto-efficiency, object …
Persistent link: https://www.econbiz.de/10010316052
A high court has to decide whether a lawis constitutional, unconstitutional, or interpretable. The voting system is runoff. Runoff voting systems can be interpreted both, as social choice functions or as mechanisms. It is known that, for universal domains of preferences, runoff voting systems...
Persistent link: https://www.econbiz.de/10010317080
This article establishes versions of Moulin's (Public Choice 35:437-455, 1980) characterizations of various classes of strategy-proof social choice functions when the domain consists of all profiles of single-peaked preferences on an arbitrary subset of the real line. Two results are established...
Persistent link: https://www.econbiz.de/10010317101
We study dominant strategy implementation especially in economic environments. We first showthat in general environments, strategy-proofness and quasi-strong-non-bossiness together are necessary and sufficient for dominant strategy implementation via the associated direct revelationmechanism. We...
Persistent link: https://www.econbiz.de/10010332280
We consider the problem of allocating infinitely divisible commodities among a group of agents. Especially, we focus on the case where there are several commodities to be allocated, and agents have continuous, strictly convex, and separable preferences. In this paper, we establish that the...
Persistent link: https://www.econbiz.de/10010332300
We consider the problem of choosing a level of a public good on an interval of the real line among a group of agents. A probabilistic rule chooses a probability distribution over the interval for each preference profile. We investigate strategy-proof probabilistic rules in the case where...
Persistent link: https://www.econbiz.de/10010332449
We consider the problem of fairly reallocating the individual endowments of a perfectly divisible good among agents with single-peaked preferences. We provide a new concept of fairness, called position-wise envy-freeness, that is compatible with individual rationality. This new concept requires...
Persistent link: https://www.econbiz.de/10011421471
-balance", equal treatment of equals, weak decision-efficiency, and simple generatability, (2) strategy-proofness, "equal rights lower … bound", equal treatment of equals, weak decision-efficiency, and simple generatability, (3) strategy-proofness, "envy …- freeness, no-trade-no-transfer", equal treatment of equals, weak decision-efficiency, and simple generatability. …
Persistent link: https://www.econbiz.de/10011421481
-proofness and unanimity (or efficiency) to imply dictatorship. These conditions are not sufficient; we also provide separate … strategy-proofness and efficiency imply dictatorship. …
Persistent link: https://www.econbiz.de/10011421486