Strategic, Efficiency, and Fairness Properties of Economic Mechanisms
| Project/Area Number |
15K17021
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Multi-year Fund |
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| Research Field |
Economic theory
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| Research Institution | Osaka University |
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Principal Investigator |
Pramanik Anup 大阪大学, 社会経済研究所, 助教 (10750672)
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| Project Period (FY) |
2015-04-01 – 2018-03-31
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| Project Status |
Completed (Fiscal Year 2017)
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| Budget Amount *help |
¥2,340,000 (Direct Cost: ¥1,800,000、Indirect Cost: ¥540,000)
Fiscal Year 2017: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2016: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2015: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
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| Keywords | Social choice Functions / Strategy-proofness / Local IC / Indifference Class / Anonymity / Single Peaked Domains / Dictatorial domains / Top Inseparable Domains / Efficiency / Unanimity / Binary Choice / Local strategy-proofness / Random rules / Top connected domains / Dichotomous domains / Local consistency / Full preference domain / Ontoness / Social Choice Functions / Top-connected domains |
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| Outline of Final Research Achievements |
The celebrated Gibbard-Satterthwaite theorem says that if a social-choice function (or, a voting mechanism) - used to decide among a set of 3 or more alternatives - is strategy-proof and onto, then the social choice function is dictatorial (or, a single voter's top-ranked alternative is the outcome). Through my research project I have considered different scenarios where we can design some positive result, that is, non-dictatorial, strategy-proof mechanisms that also satisfy efficiency and fairness. This has applications in voting (where a group of individuals are choosing one among many candidates) and facility location problem (where a group of individuals/citizens are choosing one location among many locations to locate a public facility).
Two of my research papers have been published at Social Choice and Welfare and Games and Economic Behavior, two of the leading journals in this area. Another research project is under review at Social Choice and Welfare.
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Report
(4 results)
Research Products
(13 results)
