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Arrow's theorem assumes as background that any non-degenerate social choice rule will satisfy: [15]. Unrestricted domain — the social choice function is a total function over the domain of all possible orderings of outcomes, not just a partial function.
The work culminated in what Arrow called the "General Possibility Theorem," better known thereafter as Arrow's (impossibility) theorem. The theorem states that, absent restrictions on either individual preferences or neutrality of the constitution to feasible alternatives, there exists no social choice rule that satisfies a set of plausible ...
Unrestricted domain is one of the conditions for Arrow's impossibility theorem. Under that theorem, it is impossible to have a social choice function that satisfies unrestricted domain, Pareto efficiency, independence of irrelevant alternatives, and non-dictatorship. However, the conditions of the theorem can be satisfied if unrestricted domain ...
Arrow's impossibility theorem shows that no reasonable (non-random, non-dictatorial) ranked voting system can satisfy IIA. However, Arrow's theorem does not apply to rated voting methods. These can pass IIA under certain assumptions, but fail it if they are not met. Methods that unconditionally pass IIA include sortition and random dictatorship.
Social choice theory is a branch of welfare economics that extends the theory of rational choice to collective decision-making. [1] Social choice studies the behavior of different mathematical procedures (social welfare functions) used to combine individual preferences into a coherent whole.
Kenneth Joseph Arrow (August 23, 1921 – February 21, 2017) was an American economist, mathematician and political theorist.He received the John Bates Clark Medal in 1957, and the Nobel Memorial Prize in Economic Sciences in 1972, along with John Hicks.
Dictatorships often crop up as degenerate cases or exceptions to theorems, e.g. Arrow's theorem. If there are at least three alternatives, dictatorship is the only ranked voting rule that satisfies unrestricted domain, Pareto efficiency, and independence of irrelevant alternatives.
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