Choose the statement(s) that accurately restate Arrow's Impossibility Theorem.

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Choose the statement(s) that accurately restate Arrow's Impossibility Theorem.
1.It is mathematically impossible for any democratic voting system to satisfy any of the four fairness criteria.
II. It is mathematically impossible for any democratic voting system to satisfy all of the four fairness criteria.
III. It is mathematically impossible for any democratic voting system to satisfy some of the four fairness criteria.
impossible for any democratic voting system to satisfy any more than one of the four fairness
IV. It is mathematically
criteria.
OA. I, II, and III
OB. I, III, and IV
C. IV only
D. II only
Transcribed Image Text:Choose the statement(s) that accurately restate Arrow's Impossibility Theorem. 1.It is mathematically impossible for any democratic voting system to satisfy any of the four fairness criteria. II. It is mathematically impossible for any democratic voting system to satisfy all of the four fairness criteria. III. It is mathematically impossible for any democratic voting system to satisfy some of the four fairness criteria. impossible for any democratic voting system to satisfy any more than one of the four fairness IV. It is mathematically criteria. OA. I, II, and III OB. I, III, and IV C. IV only D. II only
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