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

Comments

Open Access, Green

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