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Factoring out the impossibility of logical aggregation

Philippe Mongin

Journal of Economic Theory, 2008, vol. 141, issue 1, 100-113

Abstract: According to a theorem recently proved in the theory of logical aggregation, any nonconstant social judgment function that satisfies independence of irrelevant alternatives (IIA) is dictatorial. We show that the strong and not very plausible IIA condition can be replaced with a minimal independence assumption plus a Pareto-like condition. This new version of the impossibility theorem likens it to Arrow's and arguably enhances its paradoxical value.

Date: 2008
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Related works:
Working Paper: Factoring out the impossibility of logical aggregation (2006) Downloads
Working Paper: Factoring Out the Impossibility of Logical Aggregation (2005) Downloads
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