Nobel Prize winner Kenneth Arrow proved a startling theorem in his PhD thesis. Arrow's Impossibility Theorem raises big questions about democratic decision making. A conversation regarding what it means and how much it should concern us.
In Episode 102, Arrow's Impossibility Theorem is discussed by University of Queensland Senior Lecturer in Economics Dr Priscilla Man and Economics Explored host Gene Tunny.
Links relevant to the conversation
Conversation article Gene mentions in intro: https://theconversation.com/kenneth-arrows-legacy-and-why-elections-can-be-flawed-73675
The paradox of democracy: Arrow impossibility explained: https://youtu.be/dzS-RkzRRVM
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