Importance of this theory for public theory

Reference no: EM13696840

Arrow Impossibility theorem states that a social choice function satisfying certain basic properties does not generally exist. What is the importance of this theory for public theory?

Reference no: EM13696840

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Importance of this theory for public theory : Arrow Impossibility theorem states that a social choice function satisfying certain basic properties does not generally exist. What is the importance of this theory for public theory?

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