What is the head start theorem and why might it not work as well as Kenneth Arrow believed?

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02-08-2021
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What is the head start theorem and why might it not work as well as Kenneth Arrow believed?

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Abhinavgeats98idn Abhinavgeats98idn · Answer 1 · 2021-08-02T19:20:51-04:00

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02-08-2021

Answer:

In its strongest and simplest form, Arrow's impossibility theorem states that whenever the set A of possible alternatives has more than 2 elements, then the following three conditions become incompatible: Unanimity, or weak Pareto efficiency. ... (Unanimity implies non-imposition.) Non-dictatorship.

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