Arrow's Impossibility Theorem: Revision history

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18 April 2024

  • curprev 06:1006:10, 18 April 2024‎ Pyrope talk contribs‎ 2,725 bytes +2,725‎ Created page with "Arrow's Impossibility Theorem, proposed by economist Kenneth Arrow in 1951, is a fundamental result in social choice theory that highlights the challenges of aggregating individual preferences into a collective or societal preference ranking. The theorem demonstrates that it's impossible to design a voting system that satisfies a set of seemingly reasonable criteria simultaneously. Here's a simplified explanation of Arrow's Impossibility Theorem: * '''Individual Prefer..."
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