Definitions from Wiktionary (Gibbard's theorem)
▸ noun: A theorem stating that, for any deterministic process of collective decision, at least one of the following three properties must hold: (i) the process is dictatorial, i.e. there exists a distinguished agent who can impose the outcome; (ii) the process limits the possible outcomes to two options only; (iii) the process encourages agents to think strategically: once an agent has identified their preferences, they have no action at their disposal that would best defend their opinions in any situation.
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▸ noun: A theorem stating that, for any deterministic process of collective decision, at least one of the following three properties must hold: (i) the process is dictatorial, i.e. there exists a distinguished agent who can impose the outcome; (ii) the process limits the possible outcomes to two options only; (iii) the process encourages agents to think strategically: once an agent has identified their preferences, they have no action at their disposal that would best defend their opinions in any situation.
▸ Words similar to Gibbard's theorem
▸ Usage examples for Gibbard's theorem
▸ Idioms related to Gibbard's theorem
▸ Wikipedia articles (New!)
▸ Words that often appear near Gibbard's theorem
▸ Rhymes of Gibbard's theorem
▸ Invented words related to Gibbard's theorem