Arbeitspapier

Social choice in large populations with single-peaked preferences

An anonymous social choice function for a large atomless population maps cross-section distributions of preferences into outcomes. Because any one individual is too insignificant to affect these distributions, every anonymous social choice function is individually strategy- proof. However, not every anonymous social choice function is group strategy-proof. If the set of outcomes is linearly ordered and participants have single-peaked preferences, an anonymous social choice function is group strategy-proof if and only if it can be implemented by a mechanism involving binary votes between neighbouring outcomes with nondecreasing thresholds for "moving higher up". Such a mechanism can be interpreted as a version of Moulin's (1980) generalized median-voter mechanism for a large population.

Language
Englisch

Bibliographic citation
Series: Discussion Papers of the Max Planck Institute for Research on Collective Goods ; No. 2021/18

Classification
Wirtschaft
Welfare Economics: General
Analysis of Collective Decision-Making: General
Asymmetric and Private Information; Mechanism Design
Public Goods
Subject
Social choice
large populations
strategy proofness
group strategy proofness
single-peaked preferences

Event
Geistige Schöpfung
(who)
Hellwig, Martin
Event
Veröffentlichung
(who)
Max Planck Institute for Research on Collective Goods
(where)
Bonn
(when)
2021

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hellwig, Martin
  • Max Planck Institute for Research on Collective Goods

Time of origin

  • 2021

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