The Sen Impossibility Theorem
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Multiple Choice
What is the Sen Impossibility Theorem?
- A theorem that states that it is impossible to design a social welfare function that satisfies certain desirable properties.
- A theorem that states that it is impossible to design a social welfare function that is Pareto efficient.
- A theorem that states that it is impossible to design a social welfare function that is unanimous.
- A theorem that states that it is impossible to design a social welfare function that is independent of the distribution of income.