Strategy-proof probabilistic decision schemes for one-dimensional single-peaked preferences.
Collective decision problems are considered with a finite number of agents who have single-peaked preferences on the real line. A probabilistic decision scheme assigns a probability distribution over the real line to every profile of reported preferences. The main result of the paper is a characteri...
| Published in: | Journal of Economic Theory Vol. 105; no. 2; pp. 408 - 435 |
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| Main Authors: | , , |
| Format: | Article |
| Published: |
Academic Press Inc.
August 2002
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=513147776&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 513147776 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00220531 RTH jtl: Journal of Economic Theory issn: 00220531 maglogo: N pubinfo: dt: August 2002 vid: 105 iid: 2 pid: 735 pub: Academic Press Inc. artinfo: ui: 513147776 10.1006/jeth.2001.2829 ppf: 408 ppct: 27 formats: tig: atl: Strategy-proof probabilistic decision schemes for one-dimensional single-peaked preferences. aug: au: Ehlers, Lars Peters, Hans Storcken, Ton su: Resource allocation -- Mathematical models Probability theory Group decision making Mathematical models sug: subj: Resource allocation -- Mathematical models Probability theory Group decision making Mathematical models ab: Collective decision problems are considered with a finite number of agents who have single-peaked preferences on the real line. A probabilistic decision scheme assigns a probability distribution over the real line to every profile of reported preferences. The main result of the paper is a characterization of the class of unanimous and strategy-proof probabilistic schemes with the aid of fixed probability distributions that play a role similar to that of the phantom voters in H. Moulin (Public Choice |Wb35[|WB] (1980), 437–455). Thereby, the work of Moulin (1980) is extended to the probabilistic framework. Journal of Economic Literature Classification Numbers: D71, D81. © 2001 Elsevier Science (USA) pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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