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Necessary and sufficient conditions for a resolution of the social choice paradox

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  • Chichilnisky, Graciela
  • Heal, Geoffrey

Abstract

We present a restriction on the domain of individual preferences that is both necessary and sufficient for the existence of a social choice rule that is continuous, anonymous, and respects unanimity. The restriction is that the space of preferences be contractible. Contractibility admits a straightforward intuitive explanation, and is a generalisation of conditions such as single peakedness, value restrictedness and limited agreement, which were earlier shown to be sufficient for majority voting to be an acceptable rule. The only restriction on the number of individuals, is that it be finite and at least 2.
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  • Chichilnisky, Graciela & Heal, Geoffrey, 1983. "Necessary and sufficient conditions for a resolution of the social choice paradox," Journal of Economic Theory, Elsevier, vol. 31(1), pages 68-87, October.
  • Handle: RePEc:eee:jetheo:v:31:y:1983:i:1:p:68-87
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    More about this item

    JEL classification:

    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis

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