Solidarity and Probabilistic Target Rules
Lars Ehlers and
Bettina Klaus ()
Journal of Public Economic Theory, 2001, vol. 3, issue 2, 167-184
Abstract:
We consider a probabilistic approach to collective choice problems where a group of agents with single‐peaked preferences have to decide on the level or location of a public good. We show that every probabilistic rule that satisfies Pareto efficiency and “solidarity” (population‐monotonicity or replacement‐domination) must equal a so‐called target rule.
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:bla:jpbect:v:3:y:2001:i:2:p:167-184
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