Showing 111 - 120 of 5,614
We investigate the structure of fuzzy aggregation rules which, for every permissible profile of fuzzy individual preferences, specify a fuzzy social preference. We show that all fuzzy aggregation rules which are strategyproof and satisfy a minimal range condition are dictatorial. In other words,...
Persistent link: https://www.econbiz.de/10008543366
The Muller-Satterthwaite Theorem (Muller and Satterthwaite, 1977) establishes the equivalence between Maskin monotonicity and strategy-proofness, two cornerstone conditions for the decentralization of social choice rules. We consider a general model that covers public goods economies as in...
Persistent link: https://www.econbiz.de/10008546763
In a matching problem between students and schools, a mechanism is said to be robustly stable if it is stable, strategy-proof, and immune to a combined manipulation, where a student first misreports her preferences and then blocks the matching that is produced by the mechanism. We find that even...
Persistent link: https://www.econbiz.de/10008490389
We analyze coalition formation problems in which a group of agents is partitioned into coalitions and agents' preferences only depend on the coalition they belong to. We study rules that associate to each profile of agents' preferences a partition of the society. We focus on strategy-proof rules...
Persistent link: https://www.econbiz.de/10005063227
A social choice function is group strategy-proof on a domain if no group of agents can manipulate its final outcome to their own benefit by declaring false preferences on that domain. Group strategy-proofness is a very attractive requirement of incentive compatibility. But in many cases it is...
Persistent link: https://www.econbiz.de/10005168498
In a binary choice voting scenario, voters may have fuzzy preferences but are required to make crisp choices. In order to compare a crisp voting procedure with more general mechanisms of fuzzy preference aggregation, we first focus on the latter. We present a formulation of strategy-proofness in...
Persistent link: https://www.econbiz.de/10005047565
Which strategy-proof nonbossy mechanisms exist in a model with a finite number of indivisible goods (houses, jobs, positions) and a compensating perfectly divisible good (money)? The main finding is that only a finite number of distributions of the divisible good is consistent with...
Persistent link: https://www.econbiz.de/10005190590
For exchange economies with classical economic preferences, it is shown that any strategy-proof social choice function that selects Pareto optimal outcomes cannot guarantee everyone a consumption bundle bounded away from the origin. This result demonstrates that there is a fundamental conflict...
Persistent link: https://www.econbiz.de/10005459255
It is known that majority voting among several individuals on logically interconnected propositions may generate irrational collective judgments. We generalize majority voting by considering quota rules, which accept each proposition if and only if the number of individuals accepting it exceeds...
Persistent link: https://www.econbiz.de/10005408431
We consider the problem of choosing one point in a set of alternatives when monetary transfers are possible. In this context, Schummer (2000) shows that a social choice function must be a constant function if manipulation through bribes is ruled out. But he requires two kinds of domain-richness...
Persistent link: https://www.econbiz.de/10005753351