Oligarchies in spatial environments
In spatial environments we consider social welfare functions satisfying Arrow's requirements, i.e. weak Pareto and independence of irrelevant alternatives. Individual preferences measure distances between alternatives according to the lp-norm (for a fixed 1<=p<=[infinity]). When the policy space is multi-dimensional and the set of alternatives has a non-empty and connected interior and its boundary has no tails, any quasi-transitive welfare function must be oligarchic. As a corollary we obtain that for transitive welfare functions weak Pareto, independence of irrelevant alternatives, and non-dictatorship are inconsistent if the set of alternatives has a non-empty and connected interior and its boundary has no tails.
Year of publication: |
2009
|
---|---|
Authors: | Ehlers, Lars ; Storcken, Ton |
Published in: |
Journal of Mathematical Economics. - Elsevier, ISSN 0304-4068. - Vol. 45.2009, 3-4, p. 250-256
|
Publisher: |
Elsevier |
Subject: | Oligarchies Spatial environments |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Threshold strategy-proofness: on manipulability in large voting problems
Ehlers, Lars, (2004)
-
Arrow's Possibility Theorem for one-dimensional single-peaked preferences
Ehlers, Lars, (2008)
-
Arrow's Theorem for One-Dimensional Single-Peaked Preferences
Ehlers, Lars, (2007)
- More ...