Examlex
If a corporation has more than one stock issue, the common stock is always listed first.
Voter Type
Refers to categories of voters distinguished by specific characteristics such as political preference, age, or socioeconomic status.
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.
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