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Arrow's theorem, countably many agents, and more visible invisible dictators 1 The main result of the paper appeared as Theorem 2 of my thesis (Mihara, 1995) submitted to the University of Minnesota. I am indebted to my thesis adviser Marcel K. Richter and to Wayne Richter for their comments and guidance. Thanks are also due to Leonid Hurwicz and Andrew McLennan. The paper was presented at the Economic Design Workshop (Institute of Social and Economic Research, Osaka) in July 1997 and at the Third Decentralization Conference (Sano Shoin, Hitotsubashi) in September 1997. 1 |
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