Abstract:
We consider social choice rules which select a lottery over outcomes for each progile of individual preferences. Agents are assumed to have preferences over lotteries satisfying the axioms of expected utility. We exhibit a large class of rules satisfying strategy- proofness.
Keywords:ECONOMIC THEORY; ECONOMIC MODELS (search for similar items in EconPapers) JEL-codes:C51 (search for similar items in EconPapers) Date: 1996
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