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Item Type Article
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AA00260492-19980002-0055  
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Title
Title STRATEGY-PROOF AND EFFICIENT EXCHANGE ON A FINITE SET OF COBB-DOUGLAS UTILITY FUNCTIONS  
Kana  
Romanization  
Other Title
Title  
Kana  
Romanization  
Creator
Name OHSETO, Shinji  
Kana オオセト, シンジ  
Romanization  
Affiliation Department of Economics, Ritsumeikan University  
Affiliation (Translated)  
Role  
Link  
Edition
 
Place
Tokyo  
Publisher
Name Keio Economic Society, Keio University  
Kana  
Romanization  
Date
Issued (from:yyyy) 1998  
Issued (to:yyyy)  
Created (yyyy-mm-dd)  
Updated (yyyy-mm-dd)  
Captured (yyyy-mm-dd)  
Physical description
 
Source Title
Name Keio economic studies  
Name (Translated)  
Volume 35  
Issue 2  
Year 1998  
Month  
Start page 55  
End page 60  
ISSN
00229709  
ISBN
 
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Doctoral dissertation
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Abstract
We consider the possibility of designing strategy-proof and efficient social choice functions in two-agent, two-good, pure exchange economies. First, we show the nonexistence of strategy-proof, efficient, and symmetric social choice functions on an arbitrary domain with the following three Cobb-Douglas utility functions: (I) u_α(x_A, x_B) = (x_A)^2/3(x_B)^1/3, (ii) u_β(x_A, x_B) = (x_A)^1/2(x_B)^1/2, and (iii) u_γ(x_A, x_B) = (x_A)^1/3(x_B)^2/3,. Second, we conjecture that any strategy-proof and efficient social choice function is dictatorial on an arbitrary subset of Cobb- Douglas utility functions with the above (I)-(iii).
 
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Keyword
Strategy-proofness  

exchange economy  
NDC
 
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Language
英語  
Type of resource
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Journal Article  
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Dec 18, 2009 09:00:00  
Creation date
Dec 18, 2009 09:00:00  
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Index
/ Public / Faculty of Economics / Keio economic studies / 35(2) 1998
 
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