Article ID Journal Published Year Pages File Type
7349703 Economics Letters 2017 11 Pages PDF
Abstract
The expanded edition of Sen's classic Collective Choice and Social Welfare contains a new proof of Arrow's impossibility theorem. The proof relies on two lemmas: Spread of Decisiveness and Contraction of Decisive Sets. The first lemma requires that the social preference relation is quasi-transitive, but the second requires full transitivity. I show how Spread of Decisiveness can be used to prove Gibbard's oligarchy theorem. Sen himself sketches how this can be done, but my argument is different and simpler. Arrow's result follows trivially once transitivity is strengthened, omitting the need for Contraction.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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