The Consistency of Social and Individual Choices

Research output: Working paper

Abstract

Arrow famously shows that, under basic desiderata, the logical structure of social and individual choices may differ. They cannot simultaneously satisfy WARP. This paper shows simple aggregation rules such that, under Arrow’s desiderata, individual and social choice can simultaneously satisfy Weak WARP. Thus, for decisions making processes characterized by Weak WARP, social and individual choice can have compatible logical structures.
Original languageEnglish (US)
Number of pages19
StatePublished - Mar 20 2014

Fingerprint Dive into the research topics of 'The Consistency of Social and Individual Choices'. Together they form a unique fingerprint.

  • Cite this