Proves a spectral support theorem: Pareto-consistent spectral aggregation of quantile preferences requires the social spectrum to place mass only on represented quantiles, implying representative-quantile aggregation is dictatorial.
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Spectral Aggregation of Quantile Preferences
Proves a spectral support theorem: Pareto-consistent spectral aggregation of quantile preferences requires the social spectrum to place mass only on represented quantiles, implying representative-quantile aggregation is dictatorial.