Choosing k from m: feasible elimination procedures reconsidered

Authors: 
Bezalel Peleg
Hans Peters
Abstract: 

We show that feasible elimination procedures (Peleg, 1978) can be used to select k from m alternatives. An important advantage of this method is the core property: no coalition can guarantee an outcome that is preferred by all its members. We also provide an axiomatic characterization for the case k = 1, using the conditions of anonymity, Maskin monotonicity, and independent blocking. Finally, we show for any k that outcomes of feasible elimination procedures can be computed in polynomial time, by showing that the problem is computationally equivalent to finding a maximal matching in a bipartite graph.

Date: 
December, 2014
Number: 
671