We consider social welfare functions that satisfy Arrow’s classic axioms of independence of irrelevant alternatives and Pareto optimality when the outcome space is the convex hull of some finite set ...

The concept of strategy-proofness occupies a central position in social choice theory as it ensures that voters derive no advantage from misrepresenting their true preferences. This property not only ...

Founded in 1933 by a group of young British and American economists, The Review of Economic Studies aims to encourage research in theoretical and applied economics, especially by young economists.