TY - JOUR
T1 - Strategy-proofness and Arrow's conditions
T2 - Existence and correspondence theorems for voting procedures and social welfare functions
AU - Satterthwaite, Mark Allen
PY - 1975/4
Y1 - 1975/4
N2 - Consider a committee which must select one alternative from a set of three or more alternatives. Committee members each cast a ballot which the voting procedure counts. The voting procedure is strategy-proof if it always induces every committee member to cast a ballot revealing his preference. I prove three theorems. First, every strategy-proof voting procedure is dictatorial. Second, this paper's strategy-proofness condition for voting procedures corresponds to Arrow's rationality, independence of irrelevant alternatives, non-negative response, and citizens' sovereignty conditions for social welfare functions. Third, Arrow's general possibility theorem is proven in a new manner.
AB - Consider a committee which must select one alternative from a set of three or more alternatives. Committee members each cast a ballot which the voting procedure counts. The voting procedure is strategy-proof if it always induces every committee member to cast a ballot revealing his preference. I prove three theorems. First, every strategy-proof voting procedure is dictatorial. Second, this paper's strategy-proofness condition for voting procedures corresponds to Arrow's rationality, independence of irrelevant alternatives, non-negative response, and citizens' sovereignty conditions for social welfare functions. Third, Arrow's general possibility theorem is proven in a new manner.
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U2 - 10.1016/0022-0531(75)90050-2
DO - 10.1016/0022-0531(75)90050-2
M3 - Article
AN - SCOPUS:49549141769
SN - 0022-0531
VL - 10
SP - 187
EP - 217
JO - Journal of Economic Theory
JF - Journal of Economic Theory
IS - 2
ER -