Solved

In a Vote Between Options A,B,and C,option C Wins

Question 312

Multiple Choice

In a vote between options A,B,and C,option C wins.When option B is eliminated and a vote is taken between option A and option C,option A wins.The voting system used fails to satisfy which of Arrow's properties of a desirable voting system?


A) Unanimity
B) Transitivity
C) Independence of irrelevant alternatives
D) No dictators

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q21: Majority rule will produce the outcome most

Q38: Which of the following is an example

Q95: Majority rule will produce the outcome most

Q144: Arrow's impossibility theorem states that the majority

Q169: Adverse selection<br>A)occurs when the overall quality of

Q307: Eli and Peyton are playing the ultimatum

Q308: Table 22-14<br>The Johnson family is planning a

Q309: In the case of a moral-hazard problem,which

Q315: Suppose that an economics professor selects two

Q316: Which of the following is a characteristic