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Inefficiency of Strategy-Proof Rules for Pure Exchange Economies

✍ Scribed by Shigehiro Serizawa


Book ID
112258344
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
193 KB
Volume
106
Category
Article
ISSN
0022-0531

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A characterization of strategy-proof soc
✍ Salvador BarberΓ ; Matthew Jackson πŸ“‚ Article πŸ“… 1994 πŸ› Springer 🌐 English βš– 736 KB

We characterize strategy-proof social choice functions when individuals have strictly quasi-concave, continuous and satiated utility functions on convex subsets of IR m, representing preferences for the provision of m pure public goods. When specialized to the case m = 1, these assumptions amount to