Arrow, Hausdorff, and Ambiguities in the Choice of Preferred States in Complex Systems

September 10, 2019 Β· Declared Dead Β· πŸ› Journal of Interdisciplinary Mathematics

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Authors T. Erber, M. J. Frank arXiv ID 1909.07771 Category econ.TH Cross-listed cs.AI Citations 3 Venue Journal of Interdisciplinary Mathematics Last Checked 3 months ago
Abstract
Arrow's `impossibility' theorem asserts that there are no satisfactory methods of aggregating individual preferences into collective preferences in many complex situations. This result has ramifications in economics, politics, i.e., the theory of voting, and the structure of tournaments. By identifying the objects of choice with mathematical sets, and preferences with Hausdorff measures of the distances between sets, it is possible to extend Arrow's arguments from a sociological to a mathematical setting. One consequence is that notions of reversibility can be expressed in terms of the relative configurations of patterns of sets.
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