An extreme point characterization of strategy-proof and unanimous probabilistic rules over binary restricted domains
Article Type
Research Article
Publication Title
Journal of Mathematical Economics
Abstract
We show that every strategy-proof and unanimous probabilistic rule on a binary restricted domain has binary support, and is a probabilistic mixture of strategy-proof and unanimous deterministic rules. Examples of binary restricted domains are single-dipped domains, which are of interest when considering the location of public bads. We also provide an extension to infinitely many alternatives.
First Page
84
Last Page
90
DOI
10.1016/j.jmateco.2017.01.003
Publication Date
3-1-2017
Recommended Citation
Peters, Hans; Roy, Souvik; Sadhukhan, Soumyarup; and Storcken, Ton, "An extreme point characterization of strategy-proof and unanimous probabilistic rules over binary restricted domains" (2017). Journal Articles. 2664.
https://digitalcommons.isical.ac.in/journal-articles/2664
Comments
Open Access, Green