Examlex
By adding a hypothetical notional amount to a swap,one can treat the cash flows like those of a bond.
Pairwise Votes
A method of voting where each candidate is matched against every other candidate in one-on-one comparisons.
Majority Determining
The process by which the greater number or majority's choice decides an outcome in a decision-making context.
Condorcet Paradox
A situation in social choice theory where collective preferences can be cyclical, even if the preferences of individual members are not, leading to a lack of transitivity in voting outcomes.
Transitive Preferences
A consistency in choice such that if an individual prefers option A to B and B to C, then they will also prefer A to C.
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