What Is a Community of Fantasy

question 74

Multiple Choice

What is a community of fantasy?

• A) People interact with each other on specific topics, such as golfing and stamp collecting
• B) People come together to share certain life experiences, such as cancer patients, senior citizens, and car enthusiasts
• C) People participate in imaginary environments, such as fantasy football teams and playing one-on-one with Michael Jordan
• D) None of the above

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Definitions:

Community Spending

The allocation of funds by local, municipal, or community entities towards projects and services that benefit the community.

Condorcet Paradox

A situation in social choice theory where collective preferences can be cyclical, even if the preferences of individual voters are not.

Satisficing

A decision-making process that entails searching through the available alternatives until an acceptability threshold is met rather than looking for the best possible solution.

Arrow's Impossibility Theorem

A mathematical theorem demonstrating the impossibility of devising a voting system that simultaneously meets certain fairness criteria.