Abstract
We consider rules that choose a location on a graph (e.g. a road network) based on agents' single-peaked preferences. First, we characterize the class of strategy-proof, onto rules when the graph is a tree. Such a rule is based on a collection of generalized median voter rules (Moulin, 1980) satisfying a consistency condition. Second, we characterize such rules for graphs containing cycles. We show that while such a rule is not necessarily dictatorial, the existence of a cycle grants some agent an amount of decisive power, unlike the case of trees. Rules for this case can be described in terms of a subclass of such rules for trees. Journal of Economic Literature Classification Numbers: C72, D78.
Original language | English (US) |
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Pages (from-to) | 405-428 |
Number of pages | 24 |
Journal | Journal of Economic Theory |
Volume | 104 |
Issue number | 2 |
DOIs | |
State | Published - 2002 |
Keywords
- Graph
- Single-peaked preferences
- Strategy-proof
- Tree
ASJC Scopus subject areas
- Economics and Econometrics