Only dictators can make unanimous decisions, new study reveals.
The article discusses how preferences can change based on new information, with a focus on a concept called monotonicity. Monotonicity means that if preferences get closer to a certain outcome, that outcome remains chosen in the new situation. Strong monotonicity goes further, requiring that the outcome at the new situation is a subset of the outcome at the old situation. The researchers found that only dictatorial preference correspondences are unanimous and strongly monotone.