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Kenneth Arrow's famous 'impossibility theorem' holds that no form of what political activity can produce a truly successful result according to several criteria, including universality and Pareto efficiency? Gibbard's theorem concerns the 'strategic' form of this activity.

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Fact: Bolivia probably has the highest rate of political turnover with almost 200 governments since 1825. 


1. Kenneth Arrow's famous 'impossibility theorem' holds that no form of what political activity can produce a truly successful result according to several criteria, including universality and Pareto efficiency? Gibbard's theorem concerns the 'strategic' form of this activity.





 
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