Kenneth Arrow Quotes


There's only one problem that bothers me. And that's something my theorem [ of Impossibility] really doesn't cover. In my theorem I was assuming people vote sincerely. The trouble with methods where you have three or four classes, I think if people vote sincerely they may well be very satisfactory. The problem is the incentive to misrepresent your vote may be high.


Citations

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

Related Quotes

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.