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Todd Is Filling Out a Psychological Test,and He Doesn't Understand

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Todd is filling out a psychological test,and he doesn't understand a lot of the questions.He decides to just choose "all of the above" for every answer.What does this example illustrate


Definitions:

Arrow Impossibility Theorem

A principle stating that no rank-order voting system can be designed that always satisfies three fairness criteria: non-dictatorship, unrestricted domain, and independence of irrelevant alternatives.

Social Choice

The study of collective decision processes and voting systems, analyzing how individual preferences are aggregated to reach a collective decision or social welfare outcome.

401(k) Plans

Retirement savings plans sponsored by employers, allowing employees to invest a portion of their paycheck before taxes are taken out.

Worker's Choices

The range of options available to employees regarding job selection, work hours, and career paths.

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