Arrow's Theorem Demonstrates That the Use of Elections Does Not

question 24

Essay

Arrow's theorem demonstrates that the use of elections does not ensure that the majority's preference will be selected.Explain Arrow's theorem,detail what some of the different methods of tallying votes are,and give a real-world example of at least one of these methods and the shortcomings associated with it.

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Definitions:

Strict Liability

A legal principle where a party is held responsible for damages or loss regardless of fault or intent, typically applied in cases involving inherently hazardous activities.

Foreseen Danger

A risk or hazard that was known or could have been anticipated prior to an event.

Poisonous Snake

A snake species that has venom which is harmful or fatal to humans and other animals upon biting.

Confinement

The state of being restricted or limited within certain boundaries.