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The Sen Impossibility Theorem

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Multiple Choice

What is the Sen Impossibility Theorem?

  1. A theorem that states that it is impossible to design a social welfare function that satisfies certain desirable properties.
  2. A theorem that states that it is impossible to design a social welfare function that is Pareto efficient.
  3. A theorem that states that it is impossible to design a social welfare function that is unanimous.
  4. A theorem that states that it is impossible to design a social welfare function that is independent of the distribution of income.