On fixed point theorems and social choice paradoxes (Q908824): Difference between revisions

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Latest revision as of 12:21, 20 June 2024

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On fixed point theorems and social choice paradoxes
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    On fixed point theorems and social choice paradoxes (English)
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    1979
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    In the case of two voters and two-dimensional choice spaces the author shows that the nonexistence of a continuous and anonymous rule that satisfies unanimity is equivalent to a fixed point problem. Specifically, the main result is that the existence of such a choice rule is equivalent to the existence of a continuous map from the closed unit disk of \({\mathbb{R}}^ 2\) into itslf without fixed points. The author also indicates how the result can be extended to higher-dimensional choice spaces and any finite number of voters.
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    fixed point theorems
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    social choice paradoxes
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    impossibility theorem
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    nonexistence
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    continuous and anonymous rule
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    unanimity
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