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Given a set of outcomes that affect the welfare of the members of a group, K.J. Arrow imposed the following five conditions on the ordering of the outcomes as a function of the preferences of the individual group members, and then proved that the conditions are logically inconsistent:- The...
Persistent link: https://www.econbiz.de/10005457185
The individual preference domain is the family of profiles of economic preferences on the set of allocations of public or private goods, or both. The agenda domain assumption allows for a finite lower bound on the size of a feasible set. If a social choice correspondence satisfies nonimposition,...
Persistent link: https://www.econbiz.de/10005753265
If only the strict part of social preference is required to be transitive then Independence of Irrelevant Alternatives implies that there is a coalition containing all but one individual that cannot force x to be socially ranked above y for at least half of the pairs of alternatives (x,y).
Persistent link: https://www.econbiz.de/10005753384
Function g selects exactly k alternatives as a function of the preferences of n individuals. It cannot be manipulated by any individual, assuming that an individual prefers set A to B whenever A can be obtained from B by eliminating some alternatives and replacing each with a preferred...
Persistent link: https://www.econbiz.de/10005588170
The set of alternatives is infinite. If social welfare function f satisfies the Pareto criterion and there is a positive number β such that each pair of alternatives can be socially ordered without having to consult individual preference over a set with more than β alternatives then there are...
Persistent link: https://www.econbiz.de/10005588173
For four alternatives and an even number of individuals, we prove a conjecture in a companion paper: It is impossible for a social choice rule to satisfy all of (1) Pareto, (2) anonymity, (3) full domain, and (4) independence of some alternative, a relaxation of ArrowÕs IIA.
Persistent link: https://www.econbiz.de/10005588176
For a finite number of alternatives, in the presence of Pareto, non-dictatorship, full domain, and transitivity, an extremely weak independence condition is incompatible with each of anonymity and neutrality (Campbell and Kelly [2006]). This paper explores how those results are affected when...
Persistent link: https://www.econbiz.de/10005588182
For social choice rules that can select either one or two alternatives, strategy-proofness is incompatible with a weak Condorcet principle.
Persistent link: https://www.econbiz.de/10005596386
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