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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. 10(2): 247-267.

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