New Study Reveals How Social Choices Can Be Virtually Implemented!
The article explores how different types of preferences can be distinguished based on strategic choices. It shows that types can be distinguished if they satisfy a separability condition, meaning preferences are not too interdependent. A social choice can be virtually implemented if outcomes closely match the desired function. Types that are indistinguishable receive the same allocation. Incentive compatibility and measurability are crucial for successful virtual implementation.