On the strategic inconsistency of the meta-rights approach

Among many attempts to circumvent Sen's impossibility result Gibbard's theory of alienable rights has attracted attention of many researchers. Basu's (1984) theorem essentially depends on a Nash-type equilibrium concept. In this paper we introduce an alternative behavioral assumption where individuals have "conjectures" about the responses of others and investigate the robustness of Basu's result under this new solution concept. We also examine a possibility of coalition formation and cooperation under the "meta-rights approach."