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It is proved that, among all restricted preference domains that guarantee consistency (i.e. transitivity) of pairwise majority voting, the single-peaked domain is the only minimally rich and connected domain that contains two completely reversed strict preference orders. It is argued that this...
Persistent link: https://www.econbiz.de/10011558266
It is known that on some social choice and economic domains, a social choice function is coalition strategy-proof if and only if it is Maskin monotonic (e.g. Muller and Satterthwaite, 1977). This paper studies the foundation of those results. I provide a set of conditions which is sufficient for...
Persistent link: https://www.econbiz.de/10003371462
We consider the problems of fairly allocating indivisible objects and money. The objective of the present study is to examine strategic manipulation under envy-free solutions. We show that each individual obtains the welfare level of his "optimal" envy-free allocation by maximally manipulating...
Persistent link: https://www.econbiz.de/10013106966
In this paper, virtual implementation is restricted so that only a socially optimal outcome or some fixed outcome (a status quo) can be delivered on the equilibrium path. Under such a restriction, any unanimous and implementable social choice function is almost-dictatorial. That is, there is an...
Persistent link: https://www.econbiz.de/10013089565
We consider a relational economy in which economic agents participate in three types of relational economic activities: autarkic activities; binary matching activities; and plural cooperative activities. We introduce a stability notion and characterize stable interaction structures, both in the...
Persistent link: https://www.econbiz.de/10012725147
It is known that on some social choice and economic domains, a social choice function is coalition strategy-proof if and only if it is Maskin monotonic (e.g. Muller and Satterthwaite, 1977). This paper studies the foundation of those results. I provide a set of conditions which is sufficient for...
Persistent link: https://www.econbiz.de/10012733205
We extend approval voting so as to elect multiple candidates, who may be either individuals or members of a political party, in rough proportion to their approval in the electorate. We analyze two divisor methods of apportionment, first proposed by Jefferson and Webster, that iteratively...
Persistent link: https://www.econbiz.de/10012960207
This paper studies the possibility of secure implementation (Saijo, T., T. Sjöström, and T. Yamato (2007) "Secure Implementation," Theoretical Economics 2, pp. 203-229) in divisible and non-excludable public good economies with quasi-linear utility functions. Although Saijo, Sjöström, and...
Persistent link: https://www.econbiz.de/10013006248
In this paper we deal with situations of collective contests between two groups over a private prize. A well known way to divide the prize within the winning group is the prize sharing rule introduced by Nitzan, 1991. Since its introduction it has become a standard in the collective contests...
Persistent link: https://www.econbiz.de/10012827736
This paper analyzes strategy-proof collective choice rules when individuals have single-crossing preferences on a finite and ordered set of social alternatives. It shows that a social choice rule is anonymous, unanimous, and strategy-proof on a maximal single-crossing domain if and only if it is...
Persistent link: https://www.econbiz.de/10011699125