Article ID Journal Published Year Pages File Type
5103788 Research in Economics 2017 15 Pages PDF
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 correspondences resulting from applying feasible elimination procedures. The axioms are anonymity, Maskin monotonicity, and independent blocking. We also show that these axioms are logically independent.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
, ,