Theoretical Economics, Volume 17, Number 2 ( 2022)

Theoretical Economics 17 (2022), 929–942


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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