Characterizing SW-Efficiency in the Social Choice Domain
Haris Aziz
TL;DR
This paper extends the concept of SW-efficiency from random assignment to the broader domain of randomized social choice, providing a generalized characterization of this efficiency notion.
Contribution
It generalizes the characterization of SW-efficiency from the random assignment setting to the more comprehensive social choice domain.
Findings
Generalized SW-efficiency characterization for social choice
Bridged the gap between assignment and social choice domains
Enhanced understanding of efficiency notions in randomized mechanisms
Abstract
Recently, Dogan, Dogan and Yildiz (2015) presented a new efficiency notion for the random assignment setting called SW (social welfare)-efficiency and characterized it. In this note, we generalize the characterization for the more general domain of randomized social choice.
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Taxonomy
TopicsGame Theory and Voting Systems · Auction Theory and Applications · Experimental Behavioral Economics Studies