The Condorcet Paradox

question 369

Multiple Choice

The Condorcet paradox

• A)demonstrates that the order in which one votes on options may influence the outcome.
• B)demonstrates that majority voting by itself may not reveal the outcome that society wants.
• C)disproves Arrow's impossibility theorem.
• D)Both a and b are correct.

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Definitions:

Merchant Protection Rule

A legal principle that protects merchants in the course of business transactions, often involving warranty and liability matters.

Common Law

The body of recorded decisions that courts refer to and rely upon when making later legal decisions.

Comparative Negligence

A form of contributory negligence that requires the court to assign damages according to the degree of fault of each party.

Personal Safety

Measures and practices adopted to protect individuals from physical harm or danger.