Because Majority Voting Fails to Incorporate the Strength of the Preferences

question 61

Multiple Choice

Because majority voting fails to incorporate the strength of the preferences of individual voters, it

• A) creates negative externalities.
• B) under some circumstances produces economically inefficient outcomes.
• C) leads to market failure.
• D) leads to politics dominated by special-interest groups.

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Definitions:

Mental Model Correspondence

The degree to which an individual's internal representations of the external world accurately reflect reality, enhancing understanding and decision-making.

Mental Model Accuracy

The degree to which an individual’s internal representation of the external world, including processes and relationships, matches reality.

Team Performance

A measure of how well a group accomplishes its goals and objectives, often considering factors such as efficiency, output, and cohesion.

Representational Gap

The discrepancy between the intended meaning of a message and its actual interpretation by the audience.