Examlex
Explain why goodwill messages are important, then describe at least two characteristics of effective goodwill messages.
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.
Majority Rule
A decision-making principle where the preferences or decisions supported by more than half of the participants are adopted.
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