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Autor:innen: 
Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
Discussion paper No. 74
Verlag: 
Aboa Centre for Economics (ACE), Turku
Zusammenfassung: 
Numerous simple proofs of the celebrated Gibbard-Satterthwaite theorem (Gibbard, 1977, Satterthwaite, 1975) has been given in the literature. These are based on a number of different intuitions about the most fundamental reason for the result. In this paper we derive the Gibbard-Satterthwaite theorem once more, this time in a differentiable environment using the idea of potential games (Rosenthal, 1973, Monderer and Shapley, 1996). Our proof is very different from those that have been given previously.
Schlagwörter: 
Differentiable function
Gibbard-Satterthwaite theorem
Potential game
Strategy-Proofness
JEL: 
D71
D82
Dokumentart: 
Working Paper

Datei(en):
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