Economist Kenneth Arrow Has Shown Mathematically That No System of Voting

question 87

Multiple Choice

Economist Kenneth Arrow has shown mathematically that no system of voting will consistently represent the underlying preferences of voters.This finding is called

• A)the Arrow impossibility theorem.
• B)Arrow's median voter model.
• C)Arrow's Amendment to the public choice model.
• D)Arrow's majority vote paradox.

---

Definitions:

Job Applicants

Individuals who apply for a position of employment, seeking to fulfill the requirements and responsibilities of a job.

Manufacturing Firm

A business entity that produces goods using raw materials and machinery in a systematic process.

Social Psychologist

A scientist who studies how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Racial Prejudice

Racial prejudice involves preconceived negative judgments or attitudes towards individuals based on their race, often leading to discrimination.