A reexamination of additivity of power in randomized social preference
Nandeibam, S., 2003. A reexamination of additivity of power in randomized social preference. Review of Economic Design, 8, pp. 293-299.
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We show that Barberá and Sonnenschein’s (1978) power function becomes additive if we replace the Paretian condition by nonimposition and monotonicity. Since these conditions are very much in the spirit of Arrow (1951), our result sharpens the analogy to Arrow’s theorem
|Departments||Faculty of Humanities & Social Sciences > Social & Policy Sciences|
Faculty of Humanities & Social Sciences > Economics
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