The strategic inconsistency of Paretian
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Roy Gardner
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Article
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1980
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Springer US
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English
โ 448 KB
In this paper, the problem of the Paretian liberal is cast as a preference revelation game whose outcome function satisfies Gibbard's libertarian condition and strong Pareto optimality. Strategic consistency requires that the equilibrium of the game agree with the sincere outcome. It is shown that,