On Collective Rationality and a Generalized Impossibility Theorem.
PENNSYLVANIA STATE UNIV UNIVERSITY PARK COLL OF BUSINESS ADMINISTRATION
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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
- Operations Research