Abstract
We investigate the implications of relaxing Arrow's independence of irrelevant alternatives axiom while retaining transitivity and the Pareto condition. Even a small relaxation opens a floodgate of possibilities for nondictatorial and efficient social choice.
Original language | English (US) |
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Pages (from-to) | 3-24 |
Number of pages | 22 |
Journal | Social Choice and Welfare |
Volume | 17 |
Issue number | 1 |
DOIs | |
State | Published - 2000 |
ASJC Scopus subject areas
- Social Sciences (miscellaneous)
- Economics and Econometrics