Abstract:
Recently Eliaz(2004) has presented a unified framework to study (Arrovian) social welfare functions and non-binary social choice functions based on the concept of 'preference reversal'. He showed that social choice rules which satisfy the property of preference reversal and a variant of the Pareto principle are dictatorial. This result includes the Arrow impossibility theorem and the Gibbard-Satterthwaite theorem as its special cases. We present a concise proof of his theorem using elementary concepts of algebraic topology such as homomorphisms of homology groups of simplicial complexes induced by simplicial mappings.
JEL-codes:D6D7H (search for similar items in EconPapers) New Economics Papers: this item is included in nep-pbe Date: Written 2005-10-26 Note: Type of Document - pdf; pages: 11 View list of references