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A Comment on Arrow's Impossibility Theorem, B.E. Journal of Theoretical Economics

Abstract

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).

Type

Article

Author(s)

Alvaro Sandroni, Alec Sandroni

Date Published

2021

Citations

Sandroni, Alvaro, and Alec Sandroni. 2021. A Comment on Arrow's Impossibility Theorem. B.E. Journal of Theoretical Economics. 21(1): 437-354.

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