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Arrow's is widely misinterpreted. All it says is that you can't have a voting system that fits those four chosen criteria. It doesn't prove that those four crit
by tunesmith 11y ago
Arrow's is widely misinterpreted. All it says is that you can't have a voting system that fits those four chosen criteria. It doesn't prove that those four criteria are required or even desirable. Independence of Irrelevant Alternatives is particularly problematic.
- eru 11y agoAlso, with trade-offs there's always an efficiency frontier. You want to be at least on that frontier, and not worse.