Article ID Journal Published Year Pages File Type
5072934 Games and Economic Behavior 2007 22 Pages PDF
Abstract

The paper provides a characterization of all efficient and strategy-proof voting mechanisms on a large class of preference domains, the class of all generalized single-peaked domains. It is shown that a strategy-proof voting mechanism on such a domain is efficient if and only if it satisfies a weak neutrality condition and is either almost dictatorial, or defined on a median space of dimension less than or equal to two. In more than two dimensions, weakly neutral voting mechanisms are still “locally” efficient.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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