The Voting Mechanism and Market Allocation: A Note

Jean Gabszewicz and Tanguy van Ypersele

No 1995017, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: An example is provided identifying a case of inefficiency arising from the interplay of the voting mechanism and the market mechanism.

Date: 1995-03-01
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Related works:
Journal Article: The voting mechanism and market allocation: A note (1996)
Working Paper: The voting mechanism and market allocation: a note (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:1995017

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