Examlex
___________ is all about making decisions on where to invest in order to improve the organization's market position going forward.
Paradox Of Voting
A situation in rational-choice theory where individual votes have little impact on the outcome, yet people still participate in elections.
Median-Voter Model
A political theory suggesting that the outcome of majority rule voting systems will represent the preferences of the median voter.
Public Good
A good that is non-excludable and non-rivalrous, meaning it can be enjoyed by all members of society without reducing its availability to others.
Majority Vote
A decision rule that selects alternatives which have a majority, that is, more than half the votes.
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