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  • 17:32, 10 September 2024 Pete talk contribs created page Arrow's theorem (Created page with "MCDM can be used for voting but runs into [https://plato.stanford.edu/entries/arrows-theorem/ Arrow’s impossibility theorem]. Kenneth Arrow, an economist, won a Nobel prize in 1972 for his contention that it is impossible to extract a social order of preferences from individual preferences while also adhering to fair voting principles. To get some understanding of this, it is useful to imagine a scenario where we are trying to choose between Policy A, B, or C. Suppose...") Tag: Visual edit