Designing referenda: An economist's pessimistic perspective
成果类型:
Article
署名作者:
Xiong, Siyang
署名单位:
University of California System; University of California Riverside
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1016/j.jet.2020.105133
发表日期:
2021
关键词:
Referendum
social choice
dictator
implementation
摘要:
Recently, a trend has developed around the world for referenda to be used to determine binary social decisions. In a couple of setups, we prove impossibility results of the following form: a binary social goal can be achieved via a referendum if and only if it is dictatorial. Hence, our results challenge the conventional wisdom in social choice theory that social decisions are permissive in two-outcome environments (May's Theorem). (C) 2020 Elsevier Inc. All rights reserved.