The Condorcet Paradox

question 119

Multiple Choice

The Condorcet paradox

• A)proved that the Arrow impossibility theorem is wrong.
• B)was proved wrong by the Arrow impossibility theorem.
• C)serves as an example of the Arrow impossibility theorem.
• D)pertains to voting systems, whereas Arrow's Impossibility Theorem does not.

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Definitions:

Substantially Performed

A term used in contract law indicating that a party has completed the major obligations of a contract, even if minor details remain unfulfilled.

Benefits Promised

Guarantees or assurances given by an employer to employees, often relating to retirement, health care, or other support.

Case-by-Case Basis

A method of analysis or decision-making where each situation is considered individually, with attention to its unique aspects and details.

Substantial

Significantly valuable, large, or meaningful.