An impossibility result for virtual implementation with status quo

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 122
Issue: 3
Pages: 380-385

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper, virtual implementation is restricted to deliver, on the equilibrium path, either a socially optimal outcome or a status quo: an outcome fixed for all preference profiles. Under such a restriction, for any unanimous and implementable social choice function there is a dictator, who obtains her most preferable outcome as long as all agents prefer this outcome to the status quo. Further restrictions on the lottery space and the range of social choice functions allow the dictator to impose her most preferred outcome even when other agents prefer the status quo to this outcome.

Technical Details

RePEc Handle
repec:eee:ecolet:v:122:y:2014:i:3:p:380-385
Journal Field
General
Author Count
1
Added to Database
2026-01-24