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005 | 20240402125548.0 | ||
008 | 240402b |||||||| |||| 00| 0 eng d | ||
022 | _a09382259 | ||
040 |
_aMSU _bEnglish _cMSU _erda |
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050 | 0 | 0 | _aHB119 ECO |
100 | 1 |
_aMoreno, Diego _eauthor |
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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. |
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336 |
_2rdacontent _atext _btxt |
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337 |
_2rdamedia _aunmediated _bn |
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338 |
_2rdacarrier _avolume _bnc |
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440 |
_aEconomic theory _vVolume 52, number 1 |
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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 |
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650 |
_aDictatorship _xEfficiency |
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700 | 1 |
_aMoscoso, María José _eco author |
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856 | _uhttps://doi.org/10.1007/s00199-011-0627-5 | ||
942 |
_2lcc _cJA |
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999 |
_c164608 _d164608 |