Abstract

This paradox of voting in Arrow's theorem has hardly any application to voting in the real world. Arrow, in introducing his theorem, says specifically that it does not apply in those cases in which individuals do not vote according to their elementary preferences, but accept payment of some sort to vote against them. Since log-rolling is usual in most democratic legislatures, the theorem does not apply.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.