Arrow's impossibility theorem: Difference between revisions

However, subsequent social choice theorists have expanded on Arrow's central insight, and applied his ideas more broadly. For example, the [[Gibbard-Satterthwaite theorem]] (published in 1973) holds that any deterministic process of collective decision making with multiple options will have some level of [[strategic voting]]. As a result of this much of the work of social choice theorists is to find out what types of [[strategic voting]] a system is susceptible to and the level of susceptibility for each. For example [[Single Member system | Single Member systems]] are not susceptible to [[Free riding]].