Information and Preference Aggregation
Posted: 27 Jan 2000
Abstract
We investigate the implications of relaxing Arrow's independence of irrelevant alternatives axiom while retaining transitivity and the Pareto condition. Even a small relaxation opens a floodgate of possibilities for nondictatorial and efficient social choice.
JEL Classification: D00
Suggested Citation: Suggested Citation
Campbell, Donald E. and Kelly, Jerry S., Information and Preference Aggregation. Available at SSRN: https://ssrn.com/abstract=195129
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