Strategy-proof rules for an excludable public good (Q2629521): Difference between revisions
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scientific article
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English | Strategy-proof rules for an excludable public good |
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Strategy-proof rules for an excludable public good (English)
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6 July 2016
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The authors present an answer to an open question of whether, for binary excludable public goods, a non-bossiness requirement must exist. Non-bossiness requires that, when an agent's preferences change, if the agent's assignment does not change, then no other agent's assignment changes, either. The authors note removing this requirement is important because it is complex and difficult to meet. Therefore, if an allocation function for preferences exists which is strategy-proof without a bossiness requirement, it would simplify economic analysis of some public goods and club goods.
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public economics
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game theory
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public finance
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public goods
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