Accession Number : AD0763681

Title :   On Collective Rationality and a Generalized Impossibility Theorem.

Descriptive Note : Technical rept.,

Corporate Author : PENNSYLVANIA STATE UNIV UNIVERSITY PARK COLL OF BUSINESS ADMINISTRATION

Personal Author(s) : Fishburn,Peter C.

Report Date : JUL 1973

Pagination or Media Count : 31

Abstract : Arrow's impossibility theorem shows that a set of conditions on binary social choices with three or more alternatives are mutually incompatible. The paper derives a similar type of impossibility theorem that is not based on binary social choices but rather uses social choices from subsets of more than two alternatives. (Author)

Descriptors :   (*DECISION THEORY, MATHEMATICAL LOGIC), SET THEORY, MATHEMATICAL MODELS, THEOREMS

Subject Categories : Operations Research

Distribution Statement : APPROVED FOR PUBLIC RELEASE