Strategy-proof probabilistic rules for expected utility maximizers
AbstractWe consider social choice rules which select a lottery over outcomes for each progile of individual preferences. Agents are assumed to have preferences over lotteries satisfying the axioms of expected utility. We exhibit a large class of rules satisfying strategy- proofness.
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Bibliographic InfoArticle provided by Elsevier in its journal Mathematical Social Sciences.
Volume (Year): 35 (1998)
Issue (Month): 2 (March)
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Web page: http://www.elsevier.com/locate/inca/505565
Other versions of this item:
- Barbera, S & Bogomolnaia, A & van der Stel, H, 1996. "Strategy-Proof Probabilistic Rules for Expected Utility Maximizers," UFAE and IAE Working Papers 330.96, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
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