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Where should your daughter go to college? An axiomatic analysis

Abstract

We consider the problem of choosing a location in an interval so as to best take into account the preferences of two agents who will use this location. One has single-peaked preferences and the other single-dipped preferences. The most preferred location for the agent with single-peaked preferences is known and it is the least preferred location for the agent with single-dipped preferences. We show that the only efficient and strategy-proof rules are dictatorial.

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Posted in: Journal Article Abstracts on 12/22/2022 | Link to this post on IFP |
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