Information disclosure with many alternatives
نویسندگان
چکیده
We consider two-stage collective decision problems where some agents have private information about alternatives and others don’t. In the first stage informed (experts) may or not disclose their information, thus eventually influencing preferences of those initially uninformed. second resulting all after disclosure are aggregated by a social choice function. provide general conditions on functions guaranteeing that outcome will be same would obtain if shared available in society. Experts should granted coalitional veto power: changes due to other harm experts at time. then specialize our results. When set is priori determined, we characterize strategy-proof rules defined single-peaked separable preference domains ensure desired level disclosure. also prove that, when unknown, no voting rule can fully achieve this goal, but majority provides unique best solution profiles single-peaked.
منابع مشابه
Voting with limited information and many alternatives
The traditional axiomatic approach to voting is motivated by the problem of reconciling differences in subjective preferences. In contrast, a dominant line of work in the theory of voting over the past 15 years has considered a different kind of scenario, also fundamental to voting, in which there is a genuinely “best” outcome that voters would agree on if they only had enough information. This...
متن کاملReputation with Strategic Information Disclosure
I study the dynamics of an agent’s reputation for competence when the labour market’s information about his performance is disclosed strategically by an intermediary. I show that this game admits a unique Markov Perfect Equilibrium (MPE). When players are patient, the agent’s effort is inverse U shaped, while the rate of information disclosure is decreasing over time. I illustrate the inefficie...
متن کاملMinimum Information Disclosure with Efficiently Verifiable Credentials
Public-key based certificates provide a standard way to prove one's identity, as certified by some certificate authority (CA). However, standard certificates provide a binary identification: either the whole identity of the subject is known, or nothing is known. We propose using a Merkle hash tree structure, whereby it is possible for a single certificate to certify many separate claims or attr...
متن کاملThe impact of non-compliance with the legal requirements for disclosure of information on securities transaction
Due to the specific characteristics of securities, in securities contracts it is difficult for the investors to have the information which is necessary for entering into the contract. Accordingly, in accordance with the Securities Market Act and the relevant regulations, the issuers of securities, in the primary and secondary markets, are required to disclose material information about securiti...
متن کاملBiographic and Disclosure Information
Daniel C Cattran, MD, FRCPC (Work Group Co-Chair), is a graduate of the University of Toronto Medical School and completed his postgraduate training both in Toronto, Canada and Sydney, Australia. He is currently a Professor of Medicine at the University of Toronto and a senior scientist at the Toronto General Research Institute. His administrative roles have included Chairman of the Royal Colle...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Social Choice and Welfare
سال: 2021
ISSN: ['0176-1714', '1432-217X']
DOI: https://doi.org/10.1007/s00355-021-01341-y