Arrow's Impossibility Theorem Is "Disturbing" in the Sense That It

question 41

Multiple Choice

Arrow's impossibility theorem is "disturbing" in the sense that it proves that

• A)no voting system is perfect.
• B)only a dictator can produce a desirable social outcome.
• C)the preferences of the wealthy should be given more weight than the preferences of the poor.
• D)the centuries-old Condorcet paradox was not a paradox after all.

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Definitions:

Expectancy Theory

A motivational theory suggesting that individuals are motivated to act in certain ways based on the expectation that their actions will lead to desired outcomes.

Motivation

An inner drive that directs a person’s behavior toward goals.

Perception

The process by which a person selects, organizes, and interprets information received from his or her senses.