Borda's Rule and Arrow's Independence Condition
成果类型:
Article
署名作者:
Maskin, Eric
署名单位:
Harvard University
刊物名称:
JOURNAL OF POLITICAL ECONOMY
ISSN/ISSBN:
0022-3808
DOI:
10.1086/732892
发表日期:
2025
页码:
385-420
关键词:
MATHEMATICAL STRUCTURE
ARROVIAN AGGREGATION
welfare
摘要:
We argue that Arrow's independence of irrelevant alternatives condition (IIA) is unjustifiably stringent because it rules out making a social welfare function sensitive to individuals' preference intensities. Accordingly, we propose a modified version of IIA, MIIA, that is a necessary and sufficient relaxation of IIA for taking account of intensities. Rather than obtaining an impossibility result, we show that MIIA together with several other axioms (satisfied by virtually all voting rules and social welfare functions used in practice and studied in theory) uniquely characterizes the Borda count (sometimes called rank-order voting) as a social welfare function.