The Voting Paradox Holds That, Even If All the People

question 1

Multiple Choice

The voting paradox holds that, even if all the people in a society have transitive preferences, the preferences of society taken as a whole

• A) need not be transitive
• B) must be transitive
• C) will never be transitive

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Definitions:

Equity Theory

An assumption that how much people are willing to contribute to an organization depends on their assessment of the fairness, or equity, of the rewards they will receive in exchange.

Expectancy Theory

The assumption that motivation depends not only on how much a person wants something but also on how likely he or she is to get it.