Gaertner, Wulf - In: Jahrbücher für Nationalökonomie und Statistik 217 (1998) 6, pp. 657-680
Summary Starting point for our analysis is Arrow’s famous impossibility result from 1951. Arrow had proved that within an ordinal framework no non-dictatorial social welfare function exists that satisfies the condition of unrestricted domain, the weak Pareto principle and the requirement of...