Y.K. Ng in a paper in response to this suggests that it can be resolved if the cardinal utility of the individual elements involved in this situation are taken into account.
Y.K. Ng in a paper in response to this suggests that it can be resolved if the cardinal utility of the individual elements involved in this situation are taken into account. In the original 1970 paper in which this is introduced, its developer in order to prove the second interpretation uses the example of reading Lady Chatterly's Lover. That interpretation suggests the three conditions labeled, U or Unrestricted Domain, P the case where everybody's individual preference between a pair is the same and L* could not satisfied by any social decision function. L* is a minimal weakened form of the title concept in which the preferences of groups of individuals are the ones preferred by society. Building on the work of Kenneth Arrow, for 10 points, name this paradox of social choice theory by Amartya Sen that suggests one cannot create a Pareto optimal solution in a system of a freely chosen order of preferences.
Y.K. Ng in a paper in response to this suggests that it can be resolved if the cardinal utility of the individual elements involved in this situation are taken into account.
Liberal Paradox