Machiavelli’s Possibility HypothesisAUCO Czech Economic Review (2010)
AbstractThis paper discusses the thesis that in Arrow’s Possibility Theorem the dictator (merely) serves as a solution to the logical problem of aggregating preference while Machiavelli’s dictator, the Prince, has the historical function to bring order intothus make society ready for the implementation of a republican structure.
- aggregation of preferences,
Citation InformationAlain Marciano and Manfred J. Holler. "Machiavelli’s Possibility Hypothesis" AUCO Czech Economic Review Vol. 4 Iss. 1 (2010)
Available at: http://works.bepress.com/alain_marciano/25/