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Social Choice Theory
Social Choice Theory
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Arrow’s Impossibility Theorem
Arrow’s Impossibility Theorem
Social Choice Theory
Collective Decision-Making
Voting Paradoxes
An exploration of Arrow’s impossibility theorem, highlighting its axioms and implications in collective decision-making processes.
Read more about Arrow’s Impossibility Theorem.
Definitions
Condorcet Paradox
Condorcet Paradox
Voting Theory
Economics
Social Choice Theory
The observation that the preference order resulting from pairwise majority voting can be intransitive.
Read more about Condorcet Paradox.
Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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