Arrow's impossibility theorem is named after the:
A) the ex-US president Walter Arrow
B) economist, Kenneth Arrow
C) direction that is required in order to rank possible outcomes
D) French political theorist Marquis de Arrow
Correct Answer:
Verified
Q87: Economists:
A)have always suggested that people are rational
Q88: In the context of a voting
Q89: A difference in access to relevant knowledge
Q90: Table 23 - 2
Q91: The field of information asymmetry:
A)tends to view
Q93: In the context of a voting
Q94: If Anne finds it difficult to stick
Q95: Political economy:
A)tends to view human behaviour as
Q96: In the context of a voting
Q97: Behavioural economists argue that:
A)people are rational maximisers
B)consumers
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