Arrow's theorem in public good environments with convex technologies
成果类型：
Article
署名作者：
Duggan, J
刊物名称：
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN：
0022-0531
DOI：
10.1006/jeth.1996.0019
发表日期：
1996
页码：
303-318
关键词：
摘要：
I prove a version of Arrow's theorem for public good environments assuming that individuals have standard economic preferences and that the domain of feasible sets consists of the convex, compact, comprehensive subsets of alternatives. This improves a result of Donaldson and Weymark (J. Econ. Theory 46 (1988), 291-308), who employ non-convex feasible sets in their proof. I use their strengthened independence condition, and I interpret my result as a reflection of its undue restrictiveness. As an intermediate step toward this result, I prove Arrow's theorem in spatial environments using the standard independence condition and assuming the domain of feasible sets consists of the convex, compact subsets. (C) 1996 Academic Press, Inc.