Arrow's impossibility theorem is named after the:
A)the ex-US president Walter Arrow
B)economist, Kenneth Arrow
C)direction that is required in order to rank possible outcomes
D)French political theorist, Marquis de Arrow

Question

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The Arrow's impossibility theorem is named after the economist Kenneth Arrow, who demonstrated that it is impossible to create a voting system that satisfies a set of desirable criteria. He was awarded the Nobel Memorial Prize in Economic Sciences in 1972 for his contributions to general equilibrium theory and welfare economics. Option A and D are incorrect as there is no ex-US president or French political theorist with the name Arrow. Option C is incomplete and does not provide a relevant answer.

Arrow's Impossibility Theorem Is Named After The