What is the relationship of the Condorcet paradox to the Arrow impossibility theorem
A)It proved that the Arrow impossibility theorem is wrong.
B)It was proved wrong by the Arrow impossibility theorem.
C)It serves as an example of the Arrow impossibility theorem.
D)It pertains to voting systems, whereas Arrow's impossibility theorem does not.

Question

Quizplus · Accepted Answer

The Condorcet paradox is often used as an illustration of the Arrow impossibility theorem, which demonstrates the impossibility of constructing a voting system that satisfies basic fairness criteria. The Condorcet paradox is a specific example of this theorem in action, showing how individual preferences can lead to paradoxical outcomes when aggregated into a collective decision.

What Is the Relationship of the Condorcet Paradox to the Arrow