Implementation via approval mechanisms

Research output: Contribution to journalArticlepeer-review

Abstract

We focus on the single-peaked domain and study the class of Generalized Approval Mechanisms (GAMs): First, players simultaneously select subsets of the outcome space and scores are assigned to each alternative; and, then, a given quantile of the induced score distribution is implemented. Our main finding is that essentially for every Nash-implementable welfare optimum – including the Condorcet winner alternative – there exists a GAM that Nash-implements it. Importantly, the GAM that Nash-implements the Condorcet winner alternative is the first simple simultaneous game with this feature in the literature.

Original languageEnglish
Pages (from-to)169-181
Number of pages13
JournalJournal of Economic Theory
Volume170
DOIs
Publication statusPublished - 1 Jul 2017
Externally publishedYes

Keywords

  • Approval voting
  • Condorcet winner
  • Nash implementation
  • Single-peakedness
  • Strategy-proofness

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