Binary public decisions with a status quo: a novel characterization of the Unanimity mechanism

Binary public decisions with a status quo: a novel characterization of the Unanimity mechanism

Wednesday, 29 June 2022, 15:00-16:15

Room: Zoom

Presenter: Athanasiou Efthymios, New Economic School

We discuss the problem of  choosing between two public alternatives under the assumption that preferences are quasilinear and that one of the two alternatives represents the existing status-quo. We concentrate on the class of strategy-proof, anonymous and feasible mechanisms that are not dominated by another strategy-proof, anonymous and feasible mechanism. The sole Undominated mechanisms that satisfies Voluntary Participation is the Unanimity Mechanism.

Zoom link: https://zoom.us/j/97374751400?pwd=UjZ4cUVaSXZ2bnZUT1BNSVhySFlDQT09

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