Maskin monotonicity explained

Maskin monotonicity is a desired property of voting systems suggested by Eric Maskin.^[1]

Each voter reports his entire preference relation over the set of alternatives. The set of reports is called a preference profile. A social choice rule maps the preference profile to the selected alternative.

For a preference profile

with a chosen alternative , there is another preference profile such that the position of relative to each of the other alternatives either improves or stays the same as in . With Maskin monotonicity, should still be chosen at .^[2]

Maskin monotonicity is a necessary condition for implementability in Nash equilibrium. Moreover, any social choice rule that satisfies Maskin monotonicity and another property called "no veto power" can be implemented in Nash equilibrium form if there are three or more voters.^[1]

See also

• Monotonicity (mechanism design)
• The monotonicity criterion in voting systems

Notes and References

1. 10.1111/1467-937X.00076. Nash Equilibrium and Welfare Optimality. Review of Economic Studies. 66. 23–38. 1999. Maskin. Eric. 10.1.1.122.2734. 16282419 .
2. 10.1007/s00355-014-0835-6. Maskin-monotonic scoring rules. Social Choice and Welfare. 44. 2. 423. 2014. Doğan. Battal. Koray. Semih. 11693/12509. 253844286 . free.