{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Problem Set 1 - Problem Set 1 Social Choice Instructor Todd...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Problem Set 1 — Social Choice Instructor: Todd Sarver Econ 310-2, Fall 2011 TA: Robert Molony (Any email questions regarding this PS should be sent to this TA.) Complete all problems and explain your answers carefully. This problem set is due on Thursday, October 6 at 4:45pm in the mailbox labeled Todd Sarver in the Economics Department main office (302 Andersen Hall). At the top of your assignment, please include the TA whose discussion session you attend (Guannan, Robert, Esteban) and the day that you attend (Monday, Friday). 1 Aggregating Preferences Consider the individual and social preferences below listed below, where alternatives are listed in decreasing order of preference (for this problem, assume all individual and social preferences are transitive). For each of the following, describe which (if any) of the assumptions of Arrow’s theorem (UD, PC, IIA) are violated, or if there is a dictator. Give a brief explanation of each violation that your find. (Note that while a complete description of a SWFP would require that I tell you the
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern