Oligarchies in Spatial Environments


Autoria(s): Ehlers, Lars; Storcken, Ton
Data(s)

01/02/2008

01/02/2008

2007

Resumo

In spatial environments we consider social welfare functions satisfying Arrow’s requirements, i.e. weak Pareto and independence of irrelevant alternatives. Individual preferences measure distances between alternatives according to the Lp-norm (for a fixed p => 1). When the policy space is multi-dimensional and the set of alternatives has a non-empty interior and it is compact and convex, any quasi-transitive welfare function must be oligarchic. As a corollary we obtain that for transitive welfare functions weak Pareto, independence of irrelevant alternatives, and non-dictatorship are inconsistent if the set of alternatives has a non-empty interior and it is compact and convex.

Formato

323356 bytes

application/pdf

Identificador

http://hdl.handle.net/1866/2141

Idioma(s)

en

Publicador

Université de Montréal, Département de sciences économiques

Relação

Cahier de recherche #2007-08

Tipo

Article