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Arrow’un İmkânsızlık Teoremi İle Kafkasya’daki Sorunların Analizi
[Analysis of Problems In Caucasıa Using Arrow's Impossibility Theorem]

Author

Listed:
  • Dogru, Bulent

Abstract

This paper aims to prove, by Arrow impossibility theorem of choice, why three fundamental problems which are issues for Turkey, Russia, Armenia, Azerbaycan-neglecting regions’s other less problematic subjects and countries of Caucas- can not be solved. This study shows that when these countries try to solve qestions between them as trio without changing preferences ranking function of eachself, solution is impossible, paradoxial and unresolved. The only way to overcome all these restricted issues is that Russia, Turkey, Armenia, and Azerbaijan should put whole matters on the desk by a well designed mechanism having both economic and politic aspects

Suggested Citation

  • Dogru, Bulent, 2013. "Arrow’un İmkânsızlık Teoremi İle Kafkasya’daki Sorunların Analizi [Analysis of Problems In Caucasıa Using Arrow's Impossibility Theorem]," MPRA Paper 66377, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:66377
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    File URL: https://mpra.ub.uni-muenchen.de/66377/1/MPRA_paper_66377.pdf
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    References listed on IDEAS

    as
    1. Eric Maskin, 1999. "Nash Equilibrium and Welfare Optimality," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(1), pages 23-38.
    2. Eric S. Maskin, 2008. "Mechanism Design: How to Implement Social Goals," American Economic Review, American Economic Association, vol. 98(3), pages 567-576, June.
    3. Nehring, Klaus, 2003. "Arrow's theorem as a corollary," Economics Letters, Elsevier, vol. 80(3), pages 379-382, September.
    4. Kenneth J. Arrow, 1950. "A Difficulty in the Concept of Social Welfare," Journal of Political Economy, University of Chicago Press, vol. 58(4), pages 328-328.
    5. List, Christian, 2004. "A Model of Path-Dependence in Decisions over Multiple Propositions," American Political Science Review, Cambridge University Press, vol. 98(3), pages 495-513, August.
    6. Myerson, Roger B., 2013. "Fundamentals of Social Choice Theory," Quarterly Journal of Political Science, now publishers, vol. 8(3), pages 305-337, June.
    7. Eric Maskin, 2008. "Nash Equilibrium and Mechanism Design," Economics Working Papers 0086, Institute for Advanced Study, School of Social Science.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Arrow’s impossibility theorem of choice ; mechanism design; Caucasia Region;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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