Arrow´S Impossibility Theorem Is Not So Impossible And Condorcet´S Paradox Is Not So Paradoxical: The Adequate Definition Of A Social Choice Problem
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- Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
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Keywords
Condition of independence of irrevelant alternatives; social choice; social welfare function; cardinality and interpersonal comparability; Arrow s impossibility theorem; Condorcet s paradox;All these keywords.
JEL classification:
- I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
- D60 - Microeconomics - - Welfare Economics - - - General
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
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