Rubinstein2005-page139

Rubinstein2005-page139 - The proof brought here is one of...

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October 21, 2005 12:18 master Sheet number 137 Page number 121 Social Choice 121 This lecture focuses mainly on Arrow’s Impossibility Theorem, one of the most famous results in economics, proved by Arrow in his Ph.D. dissertation and published in 1951 (see the classic book Arrow 1963). Social choice theory is beautifully introduced in Sen (1970).
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Unformatted text preview: The proof brought here is one of many for Arrows Impossibility The-orem (see Kelly 1988). Reny (2001) provides an elementary proof that demonstrates the strong logical link between Arrows theorem and the Gibbard-Satterthwaite theorem....
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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.

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