Machiavelli’s Possibility Hypothesis

This paper discusses the thesis that in Arrow’s Possibility Theorem the dictator (merely) serves as a solution to the logical problem of aggregating preference while Machiavelli’s dictator, the Prince, has the historical function to bring order into a world of chaos and thus make society ready for the implementation of a republican structure.

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Year of publication:	2010
Authors:	Marciano, Alain ; Holler, Manfred J.
Published in:	Czech Economic Review. - Institut ekonomických studií, ISSN 1802-4696. - Vol. 4.2010, 1, p. 018-031
Publisher:	Institut ekonomických studií
Subject:	Dictator \| aggregation of preferences \| republic \| democracy

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	B00 - Schools of Economic Thought and Methodology. General ; B3 - History of Thought: Individuals ; B4 - Economic Methodology
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008562477