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