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Paul Samuelson - Arrow's general impossibility theorem...
Arrow's general impossibility theorem does not disprove the existence of the Bergsonian social welfare function, neither does it disprove the existence of the Benthamite hedonistic function. (Paul Samuelson)

Arrow's general impossibility theorem does not disprove the existence of the Bergsonian social welfare function, neither does it disprove the existence of the Benthamite hedonistic function.

Paul Samuelson

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benthamite existence function general impossibility social theorem welfare bergsonian

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