A topological approach to the Arrow impossibility theorem when individual preferences are weak orders (forcoming in ``Applied Mathematics and Compuation''(Elsevier))
AbstractWe will present a topological approach to the Arrow impossibility theorem of social choice theory that there exists no binary social choice rule (which we will call a social welfare function) which satisfies the conditions of transitivity, independence of irrelevant alternatives (IIA), Pareto principle and non-existence of dictator.
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Bibliographic InfoPaper provided by EconWPA in its series Public Economics with number 0506013.
Date of creation: 16 Jun 2005
Date of revision: 16 Jun 2005
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Find related papers by JEL classification:
- D6 - Microeconomics - - Welfare Economics
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- H - Public Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-06-27 (All new papers)
- NEP-DCM-2005-06-27 (Discrete Choice Models)
- NEP-PBE-2005-06-27 (Public Economics)
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