Arrow’s Impossibility Theorem

//Arrow’s Impossibility Theorem

Arrow’s Impossibility Theorem

“When voters have three or more distinct alternatives (options), no ranked order voting system can convert the ranked preferences of individuals into a community-wide (complete and transitive) ranking while also meeting a pre-specified set of criteria.” (related: approval voting)

Source:
Gabriel Weinberg’s Mental Models I Find Repeatedly Useful

2018-09-25T00:48:31+00:00