Unrestricted Domain - Relation To Arrow's Impossibility Theorem

Relation To Arrow's Impossibility Theorem

Unrestricted domain is one of the conditions for Arrow's impossibility theorem. Under that theorem, it is impossible to have a social choice function that satisfies unrestricted domain, Pareto efficiency, independence of irrelevant alternatives, and non-dictatorship. However, the conditions of the theorem can be satisfied if unrestricted domain is removed.

Read more about this topic:  Unrestricted Domain

Famous quotes containing the words relation to, relation, arrow and/or theorem:

    To be a good enough parent one must be able to feel secure in one’s parenthood, and one’s relation to one’s child...The security of the parent about being a parent will eventually become the source of the child’s feeling secure about himself.
    Bruno Bettelheim (20th century)

    The problem of the twentieth century is the problem of the color-line—the relation of the darker to the lighter races of men in Asia and Africa, in America and the islands of the sea. It was a phase of this problem that caused the Civil War.
    —W.E.B. (William Edward Burghardt)

    ... and the next summer she died in childbirth.
    That’s all. Of course, there may be some sort of sequel but it is not known to me. In such cases instead of getting bogged down in guesswork, I repeat the words of the merry king in my favorite fairy tale: Which arrow flies for ever? The arrow that has hit its mark.
    Vladimir Nabokov (1899–1977)

    To insure the adoration of a theorem for any length of time, faith is not enough, a police force is needed as well.
    Albert Camus (1913–1960)