Exhibit 15-3 -In Any Democratic Voting Scheme, Inefficiencies Resulting from the Constant

question 154

Multiple Choice

Exhibit 15-3
-In any democratic voting scheme, inefficiencies resulting from the constant changes in voters' priorities are unavoidable. This principle is called the

• A)median voter theorem.
• B)vote cycling theorem.
• C)convergence of positions hypothesis.
• D)Arrow impossibility theorem.
• E)voting paradox phenomenon.

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Definitions:

Dissonance Level

Refers to the degree of discomfort or conflict someone feels when holding two or more contradictory beliefs, ideas, or values at the same time.

Cognitive Dissonance

A psychological discomfort experienced when holding two or more conflicting beliefs, values, or attitudes simultaneously.

Uncomfortable Tension

A psychological state of discomfort arising from contradictory beliefs, thoughts, or feelings.

Beliefs, Attitudes

Mental dispositions reflecting how individuals think or feel about objects, people, or events, influencing how they behave towards them.