Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/94052
Authors: 
Gershkov, Alex
Moldovanu, Benny
Shi, Xianwen
Year of Publication: 
2013
Series/Report no.: 
SFB/TR 15 Discussion Paper 417
Abstract: 
We study dominant strategy incentive compatible (DIC) and deterministic mechanisms in a social choice setting with several alternatives. The agents are privately informed about their preferences, and have single-crossing utility functions. Monetary transfers are not feasible. We use an equivalence between deterministic, DIC mechanisms and generalized median voter schemes to construct the constrained-efficient, optimal mechanism for an utilitarian planner. Optimal schemes for other welfare criteria such as, say, a Rawlsian maximin can be analogously obtained.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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