Arrow’s impossibility theorem

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Arrow’s impossibility theorem is a foundational result in social choice theory showing that no voting system can convert individual preferences into a collective ranking while simultaneously satisfying a set of seemingly reasonable fairness criteria.

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Predicate Object
instanceOf impossibility theorem
result in social choice theory
theorem
alsoKnownAs Arrow’s impossibility theorem
surface form: Arrow’s general possibility theorem

Arrow’s impossibility theorem
surface form: Arrow’s paradox
appliesTo rank-order voting systems
social welfare functions
assumes at least three alternatives
complete and transitive individual preference orderings
individuals have rational (transitive) preferences
axiom Pareto efficiency
completeness of the social preference relation
independence of irrelevant alternatives
non-dictatorship
transitivity of the social preference relation
unrestricted domain
concerns aggregation of individual preferences into a social ranking
conclusion no rank-order voting system can satisfy all Arrow axioms simultaneously
contributedTo Kenneth Arrow
surface form: Kenneth Arrow’s Nobel Prize in Economics
domain collective decision-making
preference aggregation
field social choice theory
voting theory
welfare economics
formulatedBy Kenneth Arrow
hasConsequence no universally fair rank-order aggregation rule exists
trade-offs among fairness criteria in voting system design
implies every social welfare function satisfying Arrow’s other axioms is dictatorial
there is no perfect voting rule meeting all Arrow fairness criteria
influenced axiomatic welfare economics
mechanism design theory
public choice theory
theory of voting rules
mathematicalFramework axiomatic approach
nobelPrizeRelatedYear 1972
publicationYear 1951
publishedIn Social Choice and Individual Values
recognizedAs foundational result in social choice theory
relatedTo Condorcet paradox
Gibbard–Satterthwaite theorem
Sen’s liberal paradox
impossibility results in social choice
states no social welfare function satisfies unrestricted domain, Pareto efficiency, IIA, and non-dictatorship for three or more options
strengthenedEditionYear 1963
usesConcept ordinal preferences
preference ordering
social welfare function

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Collective Choice and Social Welfare mainTopic Arrow’s impossibility theorem
Arrow’s impossibility theorem alsoKnownAs Arrow’s impossibility theorem
this entity surface form: Arrow’s paradox
Arrow’s impossibility theorem alsoKnownAs Arrow’s impossibility theorem
this entity surface form: Arrow’s general possibility theorem
welfare economics usesConcept Arrow’s impossibility theorem
Kenneth Arrow notableWork Arrow’s impossibility theorem
Kenneth Arrow knownFor Arrow’s impossibility theorem
Condorcet paradox relatedTo Arrow’s impossibility theorem
this entity surface form: Arrow's impossibility theorem