The structure of social decision functions |
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| Authors: | David Kelsey |
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| Affiliation: | Department of Economics, Southern Methodist University, Dallas, Texas, U.S.A. |
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| Abstract: | This paper investigates possible extensions of the Arrow Impossibility Theorem by relaxing the collective rationality condition from transitivity to acyclicity. It is shown that some elements of dictatorship must persist even when two of Arrow's conditions are dropped (namely the Pareto principle and transitivity of social preferences). |
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| Keywords: | Collective rationality condition transitivity acyclicity Pareto principle social preferences |
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