A thought experiment on demand-revealing
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Howard Margolis
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Article
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1982
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Springer US
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English
β 291 KB
Demand-revealing mechanisms allow individuals to influence social choice subject to a special tax designed to elicit truthful revelation of preferences. Either directly (as in Tideman and Tullock, 1976; based on earlier work by E. C. Clarke) or indirectly (as in Groves and Ledyard, 1977), 1 the indi