A One-Shot Proof of Arrow's Theorem and the Gibbard-Satterthwaite Theorem
6 Pages Posted: 28 Jun 2013
Date Written: June 27, 2013
This paper provides a simple and transparent proof of a new social choice impossibility theorem. The Gibbard-Satterthwaite theorem and Arrow's impossibility theorem are straightforward corollaries.
Keywords: Arrow's impossibility theorem, Gibbard-Satterthwaite theorem, Social choice and welfare
JEL Classification: D7, D70, D71
Suggested Citation: Suggested Citation