Arrow's Theorem for Economic Domains and Edgeworth Hyperboxes
Arrow's Theorem for Economic Domains and Edgeworth Hyperboxes
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经济域和埃奇沃斯超箱的阿罗定理
DOI:
10.2307/2527205
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发表时间:
1995
影响因子:
1.5
通讯作者:
M. Breton
中科院分区:
文献类型:
--
作者:
Georges Bordes;D. E. Campbell;M. Breton
Kenneth J. Arrow's theorem holds when the set of alternatives is an Edgeworth hyperbox and the individuals have classical economic preferences over their consumption sets. (Free disposability is not assumed.) By classical individual preferences the authors mean preorders satisfying continuity, strict convexity, strict monotonicity, and selfishness. A minor, but noteworthy, accomplishment is the development of a general technique for extending two-commodity impossibility theorems to the general m-commodity counterpart. Copyright 1995 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.