Weber, Tjark (2009): Alternatives vs. Outcomes: A Note on the Gibbard-Satterthwaite Theorem.
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The Gibbard-Satterthwaite theorem is a well-known theorem from the field of social choice theory. It states that every voting scheme with at least 3 possible outcomes is dictatorial or manipulable. Later work on the Gibbard-Satterthwaite theorem frequently does not distinguish between alternatives and outcomes, thereby leading to a less general statement that requires the voting scheme to be onto. We show how the Gibbard-Satterthwaite theorem can be derived from the seemingly less general formulation.
|Item Type:||MPRA Paper|
|Original Title:||Alternatives vs. Outcomes: A Note on the Gibbard-Satterthwaite Theorem|
|Keywords:||Gibbard-Satterthwaite theorem; infeasible alternatives|
|Subjects:||D - Microeconomics > D7 - Analysis of Collective Decision-Making > D71 - Social Choice ; Clubs ; Committees ; Associations|
|Depositing User:||Tjark Weber|
|Date Deposited:||13. Oct 2009 04:33|
|Last Modified:||08. Jan 2014 07:16|
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