Non-Truthful Implementation -- Weighted Arithmetic Mean as an ...
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Non-Truthful Implementation -- Weighted Arithmetic Mean as an ...
Implementation. WAM. Single-Peaked. Non-Truthful Implementation. â Weighted Arithmetic Mean as an Example â. Norimasa Kobayashi. September 26, 2006 ...
Introduction
Implementation
WAM
Non-Truthful Implementation – Weighted Arithmetic Mean as an Example – Norimasa Kobayashi
September 26, 2006
Single-Peaked
Introduction
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Single-Peaked
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Single-Peaked
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Basic Questions:
Desirability of a Voting Rule What is a desirable voting rule? What if voters do not vote truthfully? Procedural vs. Consequential
WAM
Single-Peaked
Introduction
Implementation
WAM
Single-Peaked
Social Choice and Mechanism Design
Awful lot of impossibility results are known for social choice. Revelation Principle Gibbard-Satterthwaite Theorem We have to discard some desiable conditions to realize satisfactory social choice: Restricted Domains Different equilibrium concepts
Introduction
Implementation
WAM
Single-Peaked
Voting Scheme agents N = {1, ..., n} alternatives A ⊂ ui (a) for some i ∈ N.
Introduction
Implementation
WAM
Single-Peaked
Direct Revelation Mechanism
Definition (Direct Revelation Mechanism) A direct revelation mechanism of a voting scheme aN is a triple (N, S, U) where: S = ×i S i , where S i = A is i’s set of strategies and U = ×i U i , where U i ((ai )i∈N ) = u i (aN ) is i’s payoff Partiularly, we focus on two modes of the play of the mechanism: Naive Each agent i reports her own ideal point a∗ ∈ A. Nash Agents play some Nash equilibrium of the complete information game of the mechanism.
Introduction
Implementation
WAM
Single-Peaked
Implementation
Definition (Truthful Implementation) A voting scheme is truthfully implementable iff there exists an equilibrium of the direct revelation mechanism that is aN∗ = aN (a1∗ , ..., an∗ ). Definition (Non-truthful Implementation) A voting scheme is non-truthfully implementable iff an equilibrium of the direct revelation mechanism aN = aN (a1 , ..., an ) is efficient.
Introduction
Implementation
WAM
Single-Peaked
Weighted Arithmetic Mean (WAM)
Definition (WAM) WAM is a voting scheme on a convex subset of linear space satisfying X aN (a1 , ..., an ) = w i ai i
Theorem (Anonimity) Voting scheme aN satisfies anonymity iff symmetrial in a1 , ..., an . WAM with equal weights w i = 1/n satisfies anonimity.