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On Tuesday, March
25, at 12:15 in ECA 219, Bruce
Rogers, on the topic "Consensus and Contention: Elections and Social Decisions" |
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Abstract: How well does the outcome of an election reflect the actual wishes of a society? We'll outline the some basic results in the theory of social choice--the theorems of Arrow, Sen and Gibbard-Satterwait. The most famous result, Arrow's Theorem, states there is no "fair" way to decide an election with 3 or more candidates. But is the notion of fairness as formalized in the theorems applicable to real elections and everyday decisions? We will outline a proof of Arrow's theorem and then discuss wider applications of social choice theorems. That is, do Arrow-like results come into play every time we make decisions? |
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