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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? We show that the Shapley value of the stand-alone game is the only solution to satisfy certain desirable properties.

Suggested Citation

  • Gregorio Curello & Sam Jindani, 2025. "Social choice with transfers," Papers 2502.00308, arXiv.org, revised Dec 2025.
    • Handle: RePEc:arx:papers:2502.00308
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    References listed on IDEAS

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    1. Myerson, Roger B, 1981. "Utilitarianism, Egalitarianism, and the Timing Effect in Social Choice Problems," Econometrica, Econometric Society, vol. 49(4), pages 883-897, June.
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