• Media type: E-Book; Report
  • Title: A Differential Approach to Gibbard-Satterthwaite Theorem
  • Contributor: Korpela, Ville [Author]
  • imprint: Turku: Aboa Centre for Economics (ACE), 2012
  • Language: English
  • Keywords: D82 ; Strategy-Proofness ; Gibbard-Satterthwaite theorem ; D71 ; Potential game ; Differentiable function
  • Origination:
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  • Description: Numerous simple proofs of the celebrated Gibbard-Satterthwaite theorem (Gibbard, 1977, Satterthwaite, 1975) has been given in the literature. These are based on a number of different intuitions about the most fundamental reason for the result. In this paper we derive the Gibbard-Satterthwaite theorem once more, this time in a differentiable environment using the idea of potential games (Rosenthal, 1973, Monderer and Shapley, 1996). Our proof is very different from those that have been given previously.
  • Access State: Open Access