Advanced Search
MyIDEAS: Login to save this paper or follow this series

The solution to Arrow's difficulty in social welfare

Contents:

Author Info

  • Thomas Cool

Abstract

Arrow's Theorem holds that no constitution can satisfy certain properties. In annex to that theorem, Arrow claims that those properties are reasonable and morally desirable. In his view there thus is the difficulty that people desire a constitution that cannot exist. While the Theorem stands as a mathematical result, the additional claims concern other domains, i.e. the domains of reasonableness and morality. It are these claims that have caused much confusion in the literature. It is shown here that the claims are unwarranted, since inconsistent properties are neither reasonable nor morally desirable. It is shown too that Arrow's axiom of the Independence of Irrelevant Alternatives is not realistic, and thus unattractive. We show the existence of some constitutions that are consistent and might be optimal to many. The major error made by Arrow and his students is to mix up the context of scientific discovery and learning with the context of application to the real world by educated people.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://128.118.178.162/eps/get/papers/9707/9707001.doc.gz
Download Restriction: no

File URL: http://128.118.178.162/eps/get/papers/9707/9707001.pdf
Download Restriction: no

File URL: http://128.118.178.162/eps/get/papers/9707/9707001.ps.gz
Download Restriction: no

File URL: http://128.118.178.162/eps/get/papers/9707/9707001.html
Download Restriction: no

Bibliographic Info

Paper provided by EconWPA in its series General Economics and Teaching with number 9707001.

as in new window
Length: 13 pages
Date of creation: 02 Jul 1997
Date of revision: 04 Sep 1997
Handle: RePEc:wpa:wuwpgt:9707001

Note: 13 pages Word for Windows 6.0, 50 KB, zipped 18 KB
Contact details of provider:
Web page: http://128.118.178.162

Related research

Keywords:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpgt:9707001. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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