On Arrow´s possibility theorem

The present volume is extracted from the authors´s Democracy with sequential choice and fund voting with the purpose of making it easier for theoretically interested readers to study the contents of this book insofar as they concern Arrow´s theorem. Also included are several periodical articles by the author referred to in Democracy with sequential choice and fund voting. A new article, The emerging of ideas, is a postscript.


The book provides an answer to Coleman’s vision of political money (political science, economics).


The book reviews Arrow’s work on group choice (economics).


The book introduces fund voting for budgeting and project planning, land and urban planning, as well as for resources utilization (economics, public administration science, environmental science, resources economics).


The application of sequential choice and fund voting is examined under that perspective of sociology, which concerns the assumption that societies owe their existence to common tasks, and likewise, under the main theme of anthropology, i.e. what generates human society and keeps it going