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Persistent link: https://www.econbiz.de/10003935262
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...
Persistent link: https://www.econbiz.de/10008562477