A one-shot proof of Arrow’s impossibility theorem
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We offer a new proof of the well-known Arrow’s impossibility theorem. The proof is simple, very short and it follows from the assumptions in a transparent way.
KeywordsArrow’s impossibility theorem Social welfare function Dictatorship (i, j)-pivotal voter
JEL ClassificationD7 D70 D71
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- Arrow K.J.: Social Choice and Individual Values. Wiley, NewYork (1951)Google Scholar
© Springer-Verlag 2012