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Unformatted text preview: between a and b be applied to any pair of alternatives. Arrow’s Impossibility Theorem Theorem (Arrow): If  X  ≥ 3, then any SWF F that satisﬁes conditions Par and I ∗ is dictatorial, that is, there is some i ∗ such that F ( ± 1 , . . . , ± n ) ≡± i ∗ . We can break the theorem’s assumptions into four: Par , I ∗ , Transitivity (of the social ordering), and  X  ≥ 3. Before we move on to the proof, let us show that the assumptions are independent . Namely, for each of the four assumptions, we give an example of a nondictatorial SWF, demonstrating the theorem would not hold if that assumption were omitted. • Par : An antidictator SWF satisﬁes I ∗ but not Par . • I ∗ : Consider the Borda Rule. Let w ( 1 ) > w ( 2 ) > . . . > w (  X  ) be a ﬁxed proﬁle of weights. Say that i assigns to x the score...
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This note was uploaded on 12/29/2011 for the course ECO 443 taught by Professor Aswa during the Fall '10 term at SUNY Stony Brook.
 Fall '10
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