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negation of impossibility, v.8.pdf (354.45 kB)
The Negation of Impossibility
The impossibility theorems of Arrow and Gibbard-Satterthwaite have been thought to rule out economic democracy and welfare economics. This paper demonstrates an information processing system which accords with the premises of these authors, and, consequently, proves their conclusions of impossibility to be untrue except as mathematical tautologies.
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Declaration of conflicts of interest
NoneCorresponding author email
j.c.lawrence@cox.netLead author country
- United States
Lead author job role
- Independent researcher
Lead author institution
UCSDHuman Participants
- No