On Collective Rationality and a Generalized Impossibility Theorem.

Abstract

Arrow's impossibility theorem shows that a set of conditions on binary social choices with three or more alternatives are mutually incompatible. The paper derives a similar type of impossibility theorem that is not based on binary social choices but rather uses social choices from subsets of more than two alternatives. (Author)

Document Details

Document Type
Technical Report
Publication Date
Jul 01, 1973
Accession Number
AD0763681

Entities

People

  • Peter C. Fishburn

Organizations

  • Pennsylvania State University

Tags

Fields of Study

  • Economics

Readers

  • Computational Linguistics
  • Team-Based Human-Centered Cognitive Task Decision Making and Information Performance.
  • Wave Propagation and Nonlinear Chaotic Dynamics.