A Welfarist Proof of Arrow's Theorem

This article presents a proof of Arrow's Theorem which highlights the theorem's relationship to welfarism and which emphasizes its underlying geometric structure. In addition, this method of proof is adapted to provide a proof of a single-preference-profile version of Arrow's Theorem. The relationship between Arrovian social choice theory and Bergson-Samuelson welfare economics is also considered.

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Year of publication:	1990-09-01
Authors:	BLACKORBY, Charles ; DONALDSON, David ; WEYMARK, John A.
Institutions:	Institut de Recherche Économique et Sociale (IRES), École des Sciences Économiques de Louvain

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Extent:	application/pdf
Series:	Discussion Papers (REL - Recherches Economiques de Louvain).
Type of publication:	Book / Working Paper
Notes:	The text is part of a series UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Sciences Economiques Number 1990031 2 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010687659