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Parallel proofs of Arrow’s and the Gibbard-Satterthwaite theorem
Antonio Quesada ()
Public Economics from EconWPA
Abstract:
Arrow’s and the Gibbard-Satterthwaite theorems are proved using a common proof strategy based on a dictatorship result for choice functions. One of the instrumental results obtained shows the inconsistency between the basic assumption in each of these theorems and a mild majority principle.
Keywords: Arrow’s theorem ; Gibbard-Satterthwaite theorem ; Choice function ; Majority. (search for similar items in EconPapers)
JEL-codes: D71 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dcm
Date: 2005-04-11
Note: Type of Document - pdf; pages: 11
Downloads: (external link)http://129.3.20.41/eps/pe/papers/0504/0504003.pdf (application/pdf)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwppe:0504003
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