Abstract
Arrow (1950) famously showed the impossibility of aggregating individual preference orders into a social preference order (together with basic desiderata). This paper shows that it is possible to aggregate individual choice functions, that satisfy almost any condition weaker than WARP, into a social choice function that satisfy the same condition (and also Arrow's desiderata).
Original language | English (US) |
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Article number | 20190175 |
Journal | B.E. Journal of Theoretical Economics |
DOIs | |
State | Accepted/In press - 2020 |
Keywords
- Arrow
- WARP
- aggregators
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)