A NOTE ON THE ARROW’S IMPOSSIBILITY THEOREM

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Ritesh Jain

Abstract

This paper generalizes Arrow’s impossibility theorem (Arrow1950) in two directions. First we allow agents to have incomplete preferences, and the admissible domain of preferences can be a proper subset of the full domain.
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Keywords

Arrow Impossibility Theorem, Social Welfare Function, Incomplete Preferences

JEL Classification

D71

Issue
Vol 60 No 207 (2015)
Section
Articles

How to Cite

Jain, R. (2015). A NOTE ON THE ARROW’S IMPOSSIBILITY THEOREM. Economic Annals, 60(207), 39-48. https://doi.org/10.2298/EKA1507039J

How to Cite

Jain, R. (2015). A NOTE ON THE ARROW’S IMPOSSIBILITY THEOREM. Economic Annals, 60(207), 39-48. https://doi.org/10.2298/EKA1507039J