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Which type of memory is used for events and information acquired during those events?
Kenneth Arrow
An influential economist known for his groundbreaking theories in risk, welfare economics, and his contribution to the general equilibrium theory.
Condorcet Paradox
The Condorcet Paradox describes a situation in voting theory where collective preferences can be cyclical, even if individual preferences are not, leading to a lack of clear majority preference.
Pairwise Vote
A voting system where candidates are compared and voted on in pairs, with the winner being the one who wins the most direct comparisons.
Unanimity
A condition in decision-making where all members of a group fully agree on a specific decision or outcome.
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