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Journal Article
A Comment on Arrow's Impossibility Theorem
B.E. Journal of Theoretical Economics
Author(s)
Arrow (1950) famously showed the impossibility of aggregating individual preference orders into a social preference order (together with basic desiderata). This paper shows that it is possible to aggregate individual choice functions, that satisfy almost any condition weaker than WARP, into a social choice function that satisfy the same condition (and also Arrow's desiderata).
Date Published:
2021
Citations:
Sandroni, Alvaro, Alec Sandroni. 2021. A Comment on Arrow's Impossibility Theorem. B.E. Journal of Theoretical Economics. (1)437-354.