This article proposes a new social welfare measure based on Aristotle's theory of reciprocity. Unlike existing metrics of social welfare, the proposed Aristotelian social welfare function measures ...
K. J. Arrow's general possibility theorem is justly criticized and revised by J. H. Blau. But Blau's revised theorem is based on by far stronger assumptions than Arrow's, and, therefore, seems to lose ...
Citations: Satterthwaite, Mark. 1975. Strategy-Proofness and Arrow's Conditions: Existence and Correspondence Theorems for Voting Procedures and Social Welfare Functions. Journal of Economic Theory.