Arrow`s Theorem and the Gibbard-Satterthwaite Theorem as Special Cases of a Single Theorem.

This paper shows that both Arrow`s Theorem and the Gibbard-Satterthwaite Theorem follow from a single impossibility theorem. This theorem states that two properties - Pareto efficiency and a condition called Preference Reversal - lead to the dictatorship result.

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Year of publication:	2001
Authors:	Eliaz, K.
Institutions:	Foerder Institute for Economic Research, Eitan Berglas School of Economics
Subject:	EFFICIENCY \| SOCIAL ASPECTS \| PREFERENCES

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Series:	Tel Aviv.
Type of publication:	Book / Working Paper
Notes:	10 pages
Classification:	D71 - Social Choice; Clubs; Committees; Associations
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10005783647