Robust incentive compatibility of voting rules with positively correlated beliefs
Autor: | Dipjyoti Majumdar, Arunava Sen |
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Rok vydání: | 2021 |
Předmět: |
Economics and Econometrics
media_common.quotation_subject 05 social sciences Bayesian probability 16. Peace & justice Microeconomics Incentive compatibility Voting 0502 economics and business International political economy Economics 050207 economics Function (engineering) Social choice theory Social Sciences (miscellaneous) 050205 econometrics Social policy media_common Public finance |
Zdroj: | Social Choice and Welfare. 57:63-95 |
ISSN: | 1432-217X 0176-1714 |
DOI: | 10.1007/s00355-020-01304-9 |
Popis: | We investigate a voting model where each voter’s beliefs are positively correlated. We show that requiring a social choice function to be Ordinally Bayesian Incentive-Compatible (d’Aspremont and Peleg in Soc Choice Welf 5:261–280, 1988) with respect to all such beliefs is not equivalent to requiring it to be strategy-proof. However, if the social choice function is also required to be efficient, it must be strategy-proof and hence, dictatorial. |
Databáze: | OpenAIRE |
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