Accession Number:

AD0763681

Title:

On Collective Rationality and a Generalized Impossibility Theorem.

Descriptive Note:

Technical rept.,

Corporate Author:

PENNSYLVANIA STATE UNIV UNIVERSITY PARK COLL OF BUSINESS ADMINISTRATION

Personal Author(s):

Report Date:

1973-07-01

Pagination or Media Count:

31.0

Abstract:

Arrows 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

Subject Categories:

  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE