Oligarchies in Spatial Environments
In spatial environments we consider social welfare functions satisfying Arrow’s requirements, i.e. weak Pareto and independence of irrelevant alternatives. Individual preferences measure distances between alternatives according to the Lp-norm (for a fixed p => 1). When the policy space is multi-dimensional and the set of alternatives has a non-empty interior and it is compact and convex, any quasi-transitive welfare function must be oligarchic. As a corollary we obtain that for transitive welfare functions weak Pareto, independence of irrelevant alternatives, and non-dictatorship are inconsistent if the set of alternatives has a non-empty interior and it is compact and convex.
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- Blair, Douglas H. & Pollak, Robert A., 1979. "Collective rationality and dictatorship: The scope of the arrow theorem," Journal of Economic Theory, Elsevier, vol. 21(1), pages 186-194, August.
- EHLERS, Lars & STORCKEN, Ton, 2002.
"Arrow's Theorem in Spatial Environments,"
Cahiers de recherche
2002-03, Universite de Montreal, Departement de sciences economiques.
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Econometric Society World Congress 2000 Contributed Papers
1050, Econometric Society.
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- repec:ubc:bricol:91-28 is not listed on IDEAS
- Mas-Colell, Andreu & Sonnenschein, Hugo, 1972. "General Possibility Theorems for Group Decisions," Review of Economic Studies, Wiley Blackwell, vol. 39(2), pages 185-92, April.
- Ehud Kalai & Eitan Muller & Mark Satterthwaite, 1979. "Social welfare functions when preferences are convex, strictly monotonic, and continuous," Public Choice, Springer, vol. 34(1), pages 87-97, March.
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