Showing 1 - 10 of 643,163
Persistent link: https://www.econbiz.de/10011297084
Persistent link: https://www.econbiz.de/10013171244
Persistent link: https://www.econbiz.de/10014547420
Persistent link: https://www.econbiz.de/10010193285
Arrow's Impossibility Theorem is commonly understood to invoke a dictatorship that is somehow lurking within our voting arrangements. A well-recognized statement of the theorem is that "any constitution that respects transitivity, independence of irrelevant alternatives and unanimity is a...
Persistent link: https://www.econbiz.de/10011668158
Persistent link: https://www.econbiz.de/10011525275
Persistent link: https://www.econbiz.de/10012805188
Consider a setting in which individual strict preferences need to be aggregated into a social strict preference relation. For two alternatives and an odd number of agents, it follows from May’s Theorem that the majority aggregation rule is the only one satisfying anonymity, neutrality, and...
Persistent link: https://www.econbiz.de/10014357423
Persistent link: https://www.econbiz.de/10012797467