Examlex
What is 360-degree feedback? What are its advantages and disadvantages?
Voting Paradox
A situation in collective decision-making where individual preferences do not result in a consistent collective order of preferences, showing the complexity of social choice.
Impossibility Theorem
A theory stating that no rank-order voting system can meet certain desirable criteria, famously outlined by Kenneth Arrow.
Majority Rule Voting
A decision-making process where policies, leaders, or propositions are decided based on receiving more than half of the total votes cast.
Logrolling
A practice in politics where individuals or parties exchange support for each other's proposals or legislation.
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