Theoretical Economics 17 (2022), 929–942
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Incentive-compatible voting rules with positively correlated beliefs : correction
Abhigyan Bose, Souvik Roy
Abstract
Theorem 1 in Bhargava, Mohit et al. (2015) provides a necessary condition for a social choice function to be LOBIC with respect to a belief system satisfying top-set (TS) correlation. In this paper, we provide a counter example to that theorem and consequently provide a new necessary condition for the same in terms of sequential ordinal nondomination.
Keywords: Ordinal Bayesian incentive compatibility, correlated beliefs, sequential ordinal nondomination property
JEL classification: D71, D82
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