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The Proportional Lottery Protocol Is Strongly Β-Participatory And Vnm-Strategy-Proof

Author

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  • STEFANO VANNUCCI

    (University of Siena, Department of Economics, Italy)

Abstract

A voting protocol is said to bestrongly β-participatoryif for any voteriand any strategy profile either the outcome isi′s preferred one orihas a sincere strategy which would ensure her a better outcome, andVNM-strategy-proofif at any preference profile the set of sincere strategies of each voter is a VNM-stable set. It is shown that the proportional lottery (PL) modular voting protocol is both strongly β-participatory and VNM-strategy-proof.

Suggested Citation

  • Stefano Vannucci, 2008. "The Proportional Lottery Protocol Is Strongly Β-Participatory And Vnm-Strategy-Proof," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 10(02), pages 195-203.
    • Handle: RePEc:wsi:igtrxx:v:10:y:2008:i:02:n:s021919890800187x
    DOI: 10.1142/S021919890800187X
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    Keywords

    ; D70; D71;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C0 - Mathematical and Quantitative Methods - - General
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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