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022 _a09382259
040 _aMSU
_bEnglish
_cMSU
_erda
050 0 0 _aHB119 ECO
100 1 _aMoreno, Diego
_eauthor
245 1 0 _aStrategy-proof allocation mechanisms for economies with public goods
_ccreated by Diego Moreno and María José Moscoso
264 1 _aBerlini:
_bSpringer,
_c2013.
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aEconomic theory
_vVolume 52, number 1
520 3 _aWe show that strategy-proof allocation mechanisms for economies with public goods are dictatorial—i.e., they always select an allocation in their range that maximizes the welfare of the same single individual (the dictator). Further, strategy-proof and efficient allocation mechanisms are strongly dictatorial—i.e., they select the dictator's preferred allocation on the entire feasible set. Thus, our results reveal the extent to which the conflict between individual incentives and other properties that may be deemed desirable (e.g., fairness, equal treatment, distributive justice) pervades resource allocation problems.
650 _aAllocation mechanisms
_vPublic goods
_xStrategy-proofness
650 _aDictatorship
_xEfficiency
700 1 _aMoscoso, María José
_eco author
856 _uhttps://doi.org/10.1007/s00199-011-0627-5
942 _2lcc
_cJA
999 _c164608
_d164608