Examlex
Which of the following optical storage devices provides the most storage capacity?
Condorcet Paradox
The failure of majority rule to produce transitive preferences for society.
Condorcet Paradox
The Condorcet Paradox is a concept in voting theory where individual preferences cannot be aggregated into a consistent collective decision without creating contradictions.
Arrow's Properties
A set of criteria designed by economist Kenneth Arrow to assess the social welfare or collective decision-making functions, ensuring fairness, unanimity, and independence of irrelevant alternatives.
Pairwise Majority Voting
A voting system where candidates are compared in pairs, with each pair being voted on separately, to determine the most preferred option by majority decision.
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