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Liberal Paradox

Game Theory

The liberal paradox, also called Sen's paradox after the economist Amartya Sen who proposed it, is a result in social choice theory showing that no rule for aggregating individual preferences into a single social choice can simultaneously satisfy three seemingly mild conditions: that every possible set of individual preferences be allowed, that a unanimous preference by everyone for one outcome over another be respected, and that each individual retain at least one choice over which their own preference alone determines the social outcome. Sen's result showed that this minimal form of individual liberty can conflict with the Pareto principle.

Facts
Statement
no means of aggregating individual preferences into a single, social choice, can simultaneously fulfill the following, seemingly mild conditions 1
Classification
Statement Form
Impossibility Theorem 1
Connections

Has Statement Form

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Credited To

Also in Economics Atlas: credited with this subject.

Sources
1. Liberal paradox - Wikipedia
  • Introduction
    no means of aggregating individual preferences into a single, social choice, can simultaneously fulfill the following, seemingly mild conditions
  • In Group: Social Choice and Voting Theory, Lead paragraph
    The liberal paradox, also Sen paradox or Sen's paradox, is a logical paradox proposed by Amartya Sen which shows that no means of aggregating individual preferences into a single, social choice, can simultaneously fulfill the following, seemingly mild conditions: The unrestrictedness condition, or U: every possible ranking of each individual's preferences and all outcomes of every possible voting rule will be considered equally, The Pareto condition, or P: if everybody individually likes some choice better at the same time, the society in its voting rule as a whole likes it better as well, and Liberalism, or L (from which the theorem derives its gist): all individuals in a society must have at least one possibility of choosing differently, so that the social choice under a given voting rule changes as well.
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