Individual decisions and group decisions: The fundamental differences |
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Authors: | Jean-Marie Blin Mark A Satterthwaite |
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Institution: | Graduate School of Management, Northwestern University, Evanston, IL60201, U.S.A. |
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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. |
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