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Article
Machiavelli’s Possibility Hypothesis
AUCO Czech Economic Review (2010)
  • Alain Marciano
  • Manfred J. Holler
Abstract
This 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.
Keywords
  • Dictator,
  • aggregation of preferences,
  • republic,
  • democracy
Publication Date
2010
Citation Information
Alain 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/