Economist Kenneth Arrow wrote a famous book in 1951 in which he took up the question,
A)Is there a perfect voting system?
B)Are preferences transitive?
C)Is a dictatorship a good form of government?
D)Does Democracy work?

Question

Quizplus · Accepted Answer

Kenneth Arrow's book "Social Choice and Individual Values" addressed the question of whether there is a perfect voting system. He concluded that there is no perfect system that can guarantee fair and consistent outcomes in all situations. This became known as Arrow's impossibility theorem.

Economist Kenneth Arrow Wrote a Famous Book in 1951 in Which