Target rules for public choice economies on tree networks and in Euclidean spaces (Q5959823): Difference between revisions

The author considers the problem of choosing the location on trees or in Euclidean spaces for public goods. Assuming a finite or countable number of agents with single-peaked preferences, the author shows that target rules on trees are characterized by the properties of Pareto efficiency and replacement domination, extending a result of \textit{R. V. Vohra} [Econ. Lett. 63, 175-180 (1999; Zbl 0924.90046)]. If the agents have symmetric preferences, then in the characterization of target rules, replacement domination can be replaced by population monotonicity. Turning to Euclidean spaces, the author shows that, subject to assuming a suitable distance function, target rules are characterized by unanimity, strategy-proofness and replacement domination.