LOGICAL AND HISTORICAL DETERMINATION OF THE ARROW AND SEN IMPOSSIBILITY THEOREMS
Branislav Boričić
Economic Annals, 2007, vol. 52, issue 172, 7-20
Abstract:
General classification of mathematical statements divides them into universal, those of the form ∀xA, and existential ones ∃xA. Common formulations of impossibility theorems of K. J. Arrow and A. K. Sen are represented by the statements of the form ‘there is no x such that A’. Bearing in mind logical equivalence of formulae ¬∃xA and ∀x¬A, we come to the conclusion that the corpus of impossibility theorems, which appears in the theory of social choice, could make a specific and recognizable subclass of universal statements. In this paper, on the basis of the established logical and methodological criteria, we point to a sequence of extremely significant ‘impossibility theorems’, reaching throughout the history of mathematics to the present days and the famous results of Arrow and Sen in field of mathematical economics. We close with specifying the context which makes it possible to formulate the results of Arrow and Sen accurately, presenting a new direct proof of Sen’s result, with no reliance on the notion of minimal liberalism.
Keywords: impossibility theorem; (in)consistency (search for similar items in EconPapers)
JEL-codes: D70 D71 I31 (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.ekof.bg.ac.rs/wp-content/uploads/2014/06/172-1.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:beo:journl:v:52:y:2007:i:172:p:7-20
Ordering information: This journal article can be ordered from
http://ea.ekof.bg.ac.rs/
Access Statistics for this article
Economic Annals is currently edited by Will Bartlett
More articles in Economic Annals from Faculty of Economics and Business, University of Belgrade Contact information at EDIRC.
Bibliographic data for series maintained by Goran Petrić ().