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Social choice with transfers

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  • Gregorio Curello
  • Sam Jindani

Abstract

We consider the problem of social choice when transfers between agents are possible. This includes several canonical applications: public-good provision, management of a common resource, settlement of debts, and division of goods. The question of interest is, given a set of possible alternatives, which should be chosen and what transfers, if any, should be made? A classical solution in the literature is the Shapley value of the stand-alone game. We show that it is the only solution satisfying certain desirable properties.

Suggested Citation

  • Gregorio Curello & Sam Jindani, 2025. "Social choice with transfers," Papers 2502.00308, arXiv.org, revised Nov 2025.
    • Handle: RePEc:arx:papers:2502.00308
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    File URL: http://arxiv.org/pdf/2502.00308
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