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Research Details
Individual Decisions and Group Decisions: The Fundamental Differences, Journal of Public Economics
Abstract
The paper contains a unified development of Arrow's impossibility theorem for rational group decisions, Gibbard and Satterthwaite's impossibility theorem for strategy-proof group decisions, and the close reciprocal relationship that exists between these two theorems.
Type
Article
Author(s)
Jean-Marie Blin, Mark Satterthwaite
Date Published
1978
Citations
Blin, Jean-Marie, and Mark Satterthwaite. 1978. Individual Decisions and Group Decisions: The Fundamental Differences. Journal of Public Economics.(2): 247-267.
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