Abstract
Random dictatorship has been characterized as the only social decision scheme that satisfies efficiency and strategyproofness when individual preferences are strict. We show that no extension of random dictatorship to weak preferences satisfies these properties, even when significantly weakening the required degree of strategyproofness.
Original language | English |
---|---|
Pages (from-to) | 44-47 |
Number of pages | 4 |
Journal | Economics Letters |
Volume | 141 |
DOIs | |
State | Published - 1 Apr 2016 |
Keywords
- C6
- D7
- D8
- Pareto-efficiency
- Random dictatorship
- Stochastic dominance
- Strategyproofness