A fundamental problem in public finance is that of allocating a␣given budget to financing the provision of public goods (education, transportation, police, etc.). In this paper it is established that when␣admissible preferences are those representable by continuous and increasing utility functions, then strategy-proof allocation mechanisms whose (undominated) range contains three or more outcomes are dictatorial on the set of profiles of strictly increasing utility functions, a dense subset of the domain in the topologies commonly used in this context. If admissible utility functions are further restricted to be strictly increasing, or if mechanisms are required to be non-wasteful, then strategy-profness leads to (full) dictatorship.Publica...
This paper provides a characterization of the class of incentive compatible (i.e., strategy-proof) a...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial --...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial -...
A fundamental problem in public finance is that of allocating a␣given budget to financing the provis...
A fundamental problem in public finance is that of allocating a␣given budget to financing the provis...
We study the properties of mechanisms for deciding upon the provision of public goods when the feasi...
This paper explores a typical public finance problem where there are m public goods (education, tran...
This paper explores a typical public finance problem where there are m public goods (education, tran...
This paper explores a typical public finance problem where there are m public goods (education, tran...
This paper explores a typical public finance problem where there are m public goods (education, tran...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial-- ...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial -...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial -...
This paper provides a characterization of the class of incentive compatible (i.e., strategy-proof) a...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial -...
This paper provides a characterization of the class of incentive compatible (i.e., strategy-proof) a...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial --...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial -...
A fundamental problem in public finance is that of allocating a␣given budget to financing the provis...
A fundamental problem in public finance is that of allocating a␣given budget to financing the provis...
We study the properties of mechanisms for deciding upon the provision of public goods when the feasi...
This paper explores a typical public finance problem where there are m public goods (education, tran...
This paper explores a typical public finance problem where there are m public goods (education, tran...
This paper explores a typical public finance problem where there are m public goods (education, tran...
This paper explores a typical public finance problem where there are m public goods (education, tran...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial-- ...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial -...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial -...
This paper provides a characterization of the class of incentive compatible (i.e., strategy-proof) a...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial -...
This paper provides a characterization of the class of incentive compatible (i.e., strategy-proof) a...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial --...
We show that strategy-proof allocation mechanisms for economies with public goods are dictatorial -...