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arXiv · 2502.00308

Social choice with transfers

Abstract

We consider the problem of social choice when transfers between agents are possible. This includes several canonical applications: public-good provision, management of a common resource, settlement of debts, and division of goods. The question of interest is, given a set of possible alternatives, which should be chosen and what transfers, if any, should be made? We show that the Shapley value of the stand-alone game is the only solution to satisfy certain desirable properties.

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Gregorio Curello, Sam Jindani. 2025-12-18. Social choice with transfers. https://arxiv.org/abs/2502.00308

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