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Singularity and Arrow’s paradox

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  • Wu-Hsiung Huang

Abstract

In this thesis we establish a completion theory of Arrow’s work, extending it from quasi-form to absolute form and generalizing it to a degree theorem of various forms. It is proved that Arrow’s independence of irrelevant alternatives ( AI ) is inconsistent with some forms of Pareto condition, e.g. with the strong Pareto condition. Based on these observations, we try to resolve Arrow’s paradox by introducing the “extent principle” and set up a weak Arrow’s framework to show the consistency of the weak AI , the weak Pareto condition, anonymity, no decisive minority group and other widely-accepted rationality principles. Singularity is the core concept of the paper. Copyright Springer-Verlag Berlin Heidelberg 2014

Suggested Citation

  • Wu-Hsiung Huang, 2014. "Singularity and Arrow’s paradox," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 42(3), pages 671-706, March.
  • Handle: RePEc:spr:sochwe:v:42:y:2014:i:3:p:671-706
    DOI: 10.1007/s00355-013-0750-2
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    References listed on IDEAS

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    1. Wu-Hsiung Huang, 2004. "Is proximity preservation rational in social choice theory?," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 23(3), pages 315-332, December.
    2. Graciela Chichilnisky, 1982. "Social Aggregation Rules and Continuity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 97(2), pages 337-352.
    3. Nick Baigent, 1987. "Preference Proximity and Anonymous Social Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(1), pages 161-169.
    4. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
    5. Saari,Donald G., 2008. "Disposing Dictators, Demystifying Voting Paradoxes," Cambridge Books, Cambridge University Press, number 9780521516051.
    6. Saari,Donald G., 2008. "Disposing Dictators, Demystifying Voting Paradoxes," Cambridge Books, Cambridge University Press, number 9780521731607.
    7. Sen, Amartya, 1995. "Rationality and Social Choice," American Economic Review, American Economic Association, vol. 85(1), pages 1-24, March.
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