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Journal Article
Strategy-Proofness and Arrow's Conditions: Existence and Correspondence Theorems for Voting Procedures and Social Welfare Functions
Journal of Economic Theory
Author(s)
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.
Date Published:
1975
Citations:
Satterthwaite, Mark. 1975. Strategy-Proofness and Arrow's Conditions: Existence and Correspondence Theorems for Voting Procedures and Social Welfare Functions. Journal of Economic Theory. (2)187-217.