Coram, Alex - Department of Economics, University of Massachusetts-Amherst - 2006
various states of the
world. In this case the impossibility theorem shows that there is no aggregation procedure that can … impossibility theorems to questions about the existence, and characteristics of, the mappings
given by choice functions under … this case the proposition restates Arrow’s impossibility theorem. Note that this does not satisfy
anonymity.
3 Properties …