Thor K

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But once we consider happiness and well-being as relevant features for comparing one choice to another, Arrow’s impossibility theorem does not hold. Arrow’s original theorem assumes, and has to assume, that “happiness talk” (e.g., cardinal, interpersonal utility information) is absent from the comparisons of social states. Think of Arrow’s theorem as looking only at the kind of information which can be reflected in observed votes or ordinal rankings.
Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals
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