Examlex
An intranet is an extension of an intranet that is available only to authorized outsiders, such as customers, partners, and suppliers.
Majority Voting
A decision-making process where the choice that receives more than half of the votes is adopted or enacted.
Median-Voter Model
A theoretical model in political science and economics predicting that the outcome of majority rule voting will reflect the preferences of the median voter.
Socially Efficient Outcome
An economic situation where resources are allocated in a way that maximizes the aggregate welfare of society.
Government Bureaucracies
Complex administrative structures and procedures established by governments to manage their functions and processes.
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