Kenneth Arrow's Last Theorem

In Kenneth Arrow's last week of life at age 95, he reported that "I began my research career with an impossibility theorem. If I had time now, my last theorem would be an impossibility theorem about social choice for environmental policy." This paper completes the formalization, proo...

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Bibliographic Details
Main Author: Paul Milgrom
Format: Article
Language:English
Published: Society for the Promotion of Mechanism and Institution Design 2024-12-01
Series:Journal of Mechanism and Institution Design
Subjects:
Online Access: http://www.mechanism-design.org/arch/v009-1/p_02.pdf
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