Examlex
Sequential circuits contain ____________________ loops.
Transitivity
In decision theory, the principle that if option A is preferred over B, and B is preferred over C, then A should be preferred over C.
Arrow's Impossibility Theorem
A theory indicating it is impossible to formulate a social preference ordering that satisfies all of a specific set of reasonable criteria when voters have three or more options.
Pairwise Majority Voting
A voting system in which each option is compared head-to-head with every other option, with the option winning the most direct comparisons being considered the overall winner.
Condorcet Paradox
A situation in social choice theory where collective preferences can be cyclic (not transitive) despite the transitive preferences of individual voters.
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