Asked by
Blade Bergstrom
on Nov 05, 2024Verified
You and two friends are going to the movies and are going to one of three movies: A, B, or C. You prefer movie A to movie B and movie B to movie C. One of your friends prefers movie B to movie C and movie C to movie A. You other friend prefers movie C to movie A and movie A to movie B. The three of you decide to use majority rule voting to decide which movie you will see. If you first have a vote between movies A and B and then between the winner of that vote and movie C, then movie ________ will win. However, if you first vote between movies A and C and then between the winner of that vote and movie B, then movie ________ will win. This is an example of the ________.
A) C; B; voting paradox
B) B; C; impossibility theorem
C) A; C; voting paradox
D) A; B; majority rule voting
Voting Paradox
A situation in collective decision-making where individual preferences do not result in a consistent collective order of preferences, showing the complexity of social choice.
Impossibility Theorem
A theory stating that no rank-order voting system can meet certain desirable criteria, famously outlined by Kenneth Arrow.
Majority Rule Voting
A decision-making process where policies, leaders, or propositions are decided based on receiving more than half of the total votes cast.
- Evaluate the effects of majority-based voting and its resultant implications.
- Recognize and explain the phenomenon of the voting paradox.
Verified Answer
BE
Learning Objectives
- Evaluate the effects of majority-based voting and its resultant implications.
- Recognize and explain the phenomenon of the voting paradox.