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
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Englisch
- Bibliographic citation
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Series: Discussion Papers of the Max Planck Institute for Research on Collective Goods ; No. 2021/18
- Classification
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Wirtschaft
Welfare Economics: General
Analysis of Collective Decision-Making: General
Asymmetric and Private Information; Mechanism Design
Public Goods
- Subject
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Social choice
large populations
strategy proofness
group strategy proofness
single-peaked preferences
- Event
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Geistige Schöpfung
- (who)
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Hellwig, Martin
- Event
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Veröffentlichung
- (who)
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Max Planck Institute for Research on Collective Goods
- (where)
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Bonn
- (when)
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2021
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hellwig, Martin
- Max Planck Institute for Research on Collective Goods
Time of origin
- 2021