Independence axioms for the provision of multiple public goods as options (Q5932336): Difference between revisions
From MaRDI portal
Added link to MaRDI item. |
Created claim: Wikidata QID (P12): Q114656217, #quickstatements; #temporary_batch_1708296850199 |
||
Property / Wikidata QID | |||
Property / Wikidata QID: Q114656217 / rank | |||
Normal rank |
Revision as of 02:02, 19 February 2024
scientific article; zbMATH DE number 1596124
Language | Label | Description | Also known as |
---|---|---|---|
English | Independence axioms for the provision of multiple public goods as options |
scientific article; zbMATH DE number 1596124 |
Statements
Independence axioms for the provision of multiple public goods as options (English)
0 references
26 August 2003
0 references
There are \(m\) identical public goods whose location should be chosen. A feasible set of locations is a closed subinterval of \([0,1]\). Each location is an option, and each agent selects his most preferred option. It is assumed that the preference of an agent is single-peaked. The preference structure is investigated. For the case \(m=2\) it is proved that the extreme peak solution is the only solution satisfying a combination of axioms including Pareto optimality and interval continuity. It is proved also, that for \(m \geq 3\) Pareto-optimality and interval continuity are incompatible.
0 references
public goods
0 references
singled peaked preferences
0 references
independence of irrelevant alternatives
0 references