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  2. Gibbard's theorem - Wikipedia

    en.wikipedia.org/wiki/Gibbard's_theorem

    Gibbard's theorem can be proven using Arrow's impossibility theorem. [citation needed] Gibbard's theorem is itself generalized by Gibbard's 1978 theorem [3] and Hylland's theorem, [4] which extend these results to non-deterministic processes, i.e. where the outcome may not only depend on the agents' actions but may also involve an element of ...

  3. Gibbard–Satterthwaite theorem - Wikipedia

    en.wikipedia.org/wiki/GibbardSatterthwaite...

    The Gibbard–Satterthwaite theorem is a theorem in social choice theory. It was first conjectured by the philosopher Michael Dummett and the mathematician Robin Farquharson in 1961 [ 1 ] and then proved independently by the philosopher Allan Gibbard in 1973 [ 2 ] and economist Mark Satterthwaite in 1975. [ 3 ]

  4. Proof of impossibility - Wikipedia

    en.wikipedia.org/wiki/Proof_of_impossibility

    Gibbard's theorem shows that any strategyproof game form (i.e. one with a dominant strategy) with more than two outcomes is dictatorial. The Gibbard–Satterthwaite theorem is a special case showing that no deterministic voting system can be fully invulnerable to strategic voting in all circumstances, regardless of how others vote.

  5. Mechanism design - Wikipedia

    en.wikipedia.org/wiki/Mechanism_design

    3.3 Gibbard–Satterthwaite theorem. 3.4 Myerson–Satterthwaite theorem. 3.5 Shapley value. ... Download as PDF; Printable version; In other projects Wikidata item ...

  6. Regret-free mechanism - Wikipedia

    en.wikipedia.org/wiki/Regret-free_mechanism

    This means that, for 3 or more outcomes, the only RFTT mechanisms are dictatorships (by the Gibbard–Satterthwaite impossibility theorem); and for 2 outcomes, a mechanism is RFTT if and only if it is an extended majority rule. As an example, to see that plurality voting is not RFTT for 3 outcomes, suppose an agent's preference ranking is z>y>x.

  7. Revelation principle - Wikipedia

    en.wikipedia.org/wiki/Revelation_principle

    The revelation principle shows that, while Gibbard's theorem proves it is impossible to design a system that will always be fully invulnerable to strategy (if we do not know how players will behave), it is possible to design a system that encourages honesty given a solution concept (if the corresponding equilibrium is unique). [3] [4]

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    For Kohl's, it's a jump start on Cyber Monday savings on select styles this weekend. You can get an extra 20% off with code ENJOY20, and you can earn $15 in Kohl's cash for every $50 you spend ...

  9. Strategic voting - Wikipedia

    en.wikipedia.org/wiki/Strategic_voting

    Arrow's impossibility theorem [61] and the Gibbard–Satterthwaite theorem prove that any useful single-winner voting method based on preference ranking is prone to some kind of manipulation. Game theory has been used to search for some kind of "minimally manipulable" (incentive compatibility) voting schemes. Game theory can also be used to ...

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