IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/8353.html
   My bibliography  Save this paper

Social choice and the closed convergence topology

Author

Listed:
  • Chichilnisky, Graciela

Abstract

This paper revisits the aggregation theorem of Chichilnisky (1980), replacing the original smooth topology by the closed convergence topology and responding to several comments (N. Baigent (1984, 1985, 1987, 1989), N. Baigent and P. Huang (1990) and M. LeBreton and J. Uriarte (1900 a, b). Theorems 1 and 2 establish the contractibility of three spaces of preferences: the space of strictly quasiconcave preferences Psco, its subspace of smooth preferences Pssco, and a space P1 of smooth (not necessarily convex) preferences with a unique interior critical point (a maximum). The results are proven using both the closed convergence topology and the smooth topology. Because of their contractibility, these spaces satisfy the necessary and sufficient conditions of Chichilnisky and Heal (1983) for aggregation rules satisfying my axioms, which are valid in all topologies. Theorem 4 constructs a family of aggregation rules satisfying my axioms for these three spaces. What these spaces have in common is a unique maximum (or peak). This rather special property makes them contractible, and thus amenable to aggregation rules satisfying anonymity and unanimity, Chichilnisky (1980 1982). The results presented here clarify an erroneous example in LeBreton and Uriarte (1990a, b) and respond to Baigent (1984, 1985, 1987) and Baigent and Huang (1990) on the relative advantages of continuous and discrete approaches to Social Choice.

Suggested Citation

  • Chichilnisky, Graciela, 1990. "Social choice and the closed convergence topology," MPRA Paper 8353, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:8353
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/8353/1/MPRA_paper_8353.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Maurice Salles, 2016. "Social choice," Chapters, in: Gilbert Faccarello & Heinz D. Kurz (ed.), Handbook on the History of Economic Analysis Volume III, chapter 36, pages 518-537, Edward Elgar Publishing.
    2. 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.
    3. Nick Baigent, 1989. "Some Further Remarks on Preference Proximity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 104(1), pages 191-193.
    4. Debreu, Gerard, 1972. "Smooth Preferences," Econometrica, Econometric Society, vol. 40(4), pages 603-615, July.
    5. Chichilnisky, Graciela, 1979. "On fixed point theorems and social choice paradoxes," Economics Letters, Elsevier, vol. 3(4), pages 347-351.
    6. Chichilnisky, Graciela, 1983. "Social choice and game theory: recent results with a topological approach," MPRA Paper 8059, University Library of Munich, Germany.
    7. Chichilnisky, Graciela, 1990. "General equilibrium and social choice with increasing returns," MPRA Paper 8124, University Library of Munich, Germany.
    8. Graciela Chichilnisky, 1990. "On The Mathematical Foundations Of Political Economy," Contributions to Political Economy, Cambridge Political Economy Society, vol. 9(1), pages 25-41.
    9. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Graciela Chichilnisky, 1996. "A robust theory of resource allocation," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 13(1), pages 1-10, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lauwers, Luc, 2000. "Topological social choice," Mathematical Social Sciences, Elsevier, vol. 40(1), pages 1-39, July.
    2. Luc Lauwers, 2009. "The topological approach to the aggregation of preferences," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 33(3), pages 449-476, September.
    3. Luc Lauwers, 2002. "A note on Chichilnisky's social choice paradox," Theory and Decision, Springer, vol. 52(3), pages 261-266, May.
    4. Graciela Chichilnisky, 1996. "A robust theory of resource allocation," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 13(1), pages 1-10, January.
    5. Alex Coram, 2008. "Social choice and information: a note on the calculus of mappings from utility spaces," UMASS Amherst Economics Working Papers 2008-04, University of Massachusetts Amherst, Department of Economics.
    6. Alex Coram, 2006. "Social choice with a continuous ordering function," UMASS Amherst Economics Working Papers 2006-09, University of Massachusetts Amherst, Department of Economics.
    7. 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.
    8. repec:ebl:ecbull:v:4:y:2004:i:6:p:1-6 is not listed on IDEAS
    9. Chichilnisky, Graciela, 1993. "Topoloy and economics: the contributions of S. Smale," MPRA Paper 8485, University Library of Munich, Germany.
    10. Wu-Hsiung Huang, 2009. "Is a continuous rational social aggregation impossible on continuum spaces?," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 32(4), pages 635-686, May.
    11. repec:ebl:ecbull:v:3:y:2005:i:4:p:1-7 is not listed on IDEAS
    12. Chichilnisky, Graciela, 1983. "Social choice and game theory: recent results with a topological approach," MPRA Paper 8059, University Library of Munich, Germany.
    13. Crespo, Juan A. & Sanchez-Gabites, J.J, 2016. "Solving the Social Choice problem under equality constraints," MPRA Paper 72757, University Library of Munich, Germany.
    14. J.C.R. Alcantud & R. de Andrés Calle & J.M. Cascón, 2013. "Consensus and the Act of Voting," Studies in Microeconomics, , vol. 1(1), pages 1-22, June.
    15. Nick Baigent & Daniel Eckert, 2004. "Abstract Aggregations and Proximity Preservation: An Impossibility Result," Theory and Decision, Springer, vol. 56(4), pages 359-366, June.
    16. Daniel Eckert, 2004. "Proximity Preservation in an Anonymous Framework," Economics Bulletin, AccessEcon, vol. 4(6), pages 1-6.
    17. Ju, Biung-Ghi, 2004. "Continuous selections from the Pareto correspondence and non-manipulability in exchange economies," Journal of Mathematical Economics, Elsevier, vol. 40(5), pages 573-592, August.
    18. Barnett, William A. & Serletis, Apostolos, 2008. "Consumer preferences and demand systems," Journal of Econometrics, Elsevier, vol. 147(2), pages 210-224, December.
    19. Vincenzo Atella & Jay Coggins & Federico Perali, 2005. "Aversion to inequality in Italy and its determinants," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 2(2), pages 117-144, January.
    20. Bernard Dumas & Andrew Lyasoff, 2012. "Incomplete-Market Equilibria Solved Recursively on an Event Tree," Journal of Finance, American Finance Association, vol. 67(5), pages 1897-1941, October.
    21. Sergio Turner, 2004. "Pareto Improving Taxation in Incomplete Markets," Econometric Society 2004 Latin American Meetings 310, Econometric Society.
    22. 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.

    More about this item

    Keywords

    topology; mathematical economics; social choice; preferences;
    All these keywords.

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:8353. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.