Kenneth Arrow Quotes


In my [Impossibility] theorem I'm assuming that the information is a ranking. Each voter can say of any two candidates, I prefer this one to this one. So then we have essentially a ranking. It's a list saying this is my first choice. This is my second choice. Each voter, in principle, could be asked to give that entire piece of information. In the ordinary Plurality Voting, say as used in electing Congressmen, we generally only ask for the first choice. But, in principle, we could ask for more choices.


Citations

Arrow, Kenneth J. Interview by Aaron Hamlin. Center for Election Science, 11 Oct. 2012.

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Despite his warning---and that of others—all that they could get agreement upon had each of these three weaknesses. After winning the American Revolution, the new country found the Articles of Confederation and the Continental Congress completely inadequate and finally in 1787 there was a Constitutional Convention held in secret in Philadelphia to overcome the weaknesses of the existing structure of which the warnings of Rush were three of the problems that had to be fixed.


Kenneth Arrow
Kenneth Arrow
  • Born: August 23, 1921
  • Died: February 21, 2017
  • Nationality: American
  • Profession: Economist

Kenneth Joseph Arrow was an American economist, mathematician, writer, and political theorist. He was the joint winner of the Nobel Memorial Prize in Economic Sciences with John Hicks in 1972.