4 ms·
I don't think so. This is simpler, it's just stating that an optimization problem on a constrained information set must be weakly dominated by the full informat
by natalyarostova 8y ago
I don't think so. This is simpler, it's just stating that an optimization problem on a constrained information set must be weakly dominated by the full information set.
Arrow's theorem is a more domain specific and elegant proof regarding political properties that can be simultaneously held.