Quote by Kenneth Arrow
"We cannot escape the fundamental problem that individual preferences may not aggregate into rational collective choices."
"We cannot escape the fundamental problem that individual preferences may not aggregate into rational collective choices."
"It is impossible to be logical about illogical things."
"The most important thing is that the two people really do love each other."
"Social choice theory is concerned with the aggregation of individual preferences into a collective decision."
"I think it is appropriate to have an implicit social contract."