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Feasible elimination procedures in social choice : an axiomatic characterization

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  • Peleg, B.
  • Peters, H.J.M.

    (Quantitative Economics)

Abstract

Feasible elimination procedures (Peleg, 1978) play a central role in constructing social choice functions which have the following property: in the associated game form, for any preference profile there exists a strong Nash equilibrium resulting in the sincere outcome. In this paper we provide an axiomatic characterization of the social choice correspondence resulting from applying feasible elimination procedures. The axioms are anonymity, Maskin monotonicity, and independent blocking.

Suggested Citation

  • Peleg, B. & Peters, H.J.M., 2016. "Feasible elimination procedures in social choice : an axiomatic characterization," Research Memorandum 001, Maastricht University, Graduate School of Business and Economics (GSBE).
  • Handle: RePEc:unm:umagsb:2016001
    DOI: 10.26481/umagsb.2016001
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    References listed on IDEAS

    as
    1. Holzman, Ron, 1986. "On strong representations of games by social choice functions," Journal of Mathematical Economics, Elsevier, vol. 15(1), pages 39-57, February.
    2. Moulin, H, 1982. "Voting with Proportional Veto Power," Econometrica, Econometric Society, vol. 50(1), pages 145-162, January.
    3. Eric Maskin, 1999. "Nash Equilibrium and Welfare Optimality," Review of Economic Studies, Oxford University Press, vol. 66(1), pages 23-38.
    4. Muller, Eitan & Satterthwaite, Mark A., 1977. "The equivalence of strong positive association and strategy-proofness," Journal of Economic Theory, Elsevier, vol. 14(2), pages 412-418, April.
    5. Moulin, Herve, 1980. "Implementing efficient, anonymous and neutral social choice functions," Journal of Mathematical Economics, Elsevier, vol. 7(3), pages 249-269, December.
    6. Bezalel Peleg & Ariel D. Procaccia, 2007. "Mediators Enable Truthful Voting," Discussion Paper Series dp451, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    7. Peleg, Bezalel, 1978. "Consistent Voting Systems," Econometrica, Econometric Society, vol. 46(1), pages 153-161, January.
    8. Gibbard, Allan, 1973. "Manipulation of Voting Schemes: A General Result," Econometrica, Econometric Society, vol. 41(4), pages 587-601, July.
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    Cited by:

    1. Peleg, Bezalel & Peters, Hans, 2017. "Choosing k from m: Feasible elimination procedures reconsidered," Games and Economic Behavior, Elsevier, vol. 103(C), pages 254-261.

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    More about this item

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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