Examlex
Regarding the infant formula controversy, Nestlé was criticized for all of these actions except:
Majority Determining
The process by which the greater number or majority's choice decides an outcome in a decision-making context.
Condorcet Paradox
A situation in social choice theory where collective preferences can be cyclical, even if the preferences of individual members are not, leading to a lack of transitivity in voting outcomes.
Transitive Preferences
A consistency in choice such that if an individual prefers option A to B and B to C, then they will also prefer A to C.
Arrow's Impossibility Theorem
A principle in social choice theory stating that no rank-order voting system can be designed that always satisfies a set of fair criteria when there are three or more options.
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