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Arrow's Theorem and Turing computability

H. Reiju Mihara

Economic Theory, 1997, vol. 10, issue 2, 257-276

Abstract: A social welfare function for a denumerable society satisfies Pairwise Computability if for each pair (x,y) of alternatives, there exists an algorithm that can decide from any description of each profile on {x,y} whether the society prefers x to y. I prove that if a social welfare function satisfying Unanimity and Independence also satisfies Pairwise Computability, then it is dictatorial. This result severely limits on practical grounds Fishburn's resolution (1970) of Arrow's impossibility. I also give an interpretation of a denumerable "society."

JEL-codes: D71 C69 D89 (search for similar items in EconPapers)
Date: 1997
Note: Received: April 14, 1995; revised version August 29, 1996
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Related works:
Working Paper: Arrow's Theorem and Turing Computability (1998) Downloads
Working Paper: Arrow's Theorem and Turing Computability (1994)
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