Question 2 Arrow's Impossibility Theorem refers to a. the difficulty of attaining a Lindahl equilibrium b.the idea that
Posted: Thu May 19, 2022 8:46 am
Question 2 Arrow's Impossibility Theorem refers to a. the difficulty of attaining a Lindahl equilibrium b.the idea that no general voting rule can be devised to consistently maximize the well-being of the citizens. O c. the fact that the outcome of the median voter model cannot possibly be a socially efficient outcome. Od the fact that there are many equivalent ways to aggregate individual preferences into a consistent aggregate decision but the different methods do not yield th