Social Choice in Large Populations with Single-Peaked Preferences
Martin Hellwig
No 2021_18, Discussion Paper Series of the Max Planck Institute for Research on Collective Goods from Max Planck Institute for Research on Collective Goods
Abstract:
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 a¤ect 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.
Keywords: Social choice; large populations; strategy proofness; group strategy proofness; single-peaked preferences (search for similar items in EconPapers)
Date: 2021-10-13
New Economics Papers: this item is included in nep-dcm, nep-des and nep-mic
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Persistent link: https://EconPapers.repec.org/RePEc:mpg:wpaper:2021_18
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