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5. Condorcet's rule is not always decisive. There is no Condorcet winner if A beats B, B beats C, and C beats A. This is called a _____________.

a. voting circle

b. voting cycle

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Raushan Raj
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2 Nov 2020

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Related questions

5. The ____________________________ holds that people will not vote if the costs of becoming informed and voting are too high, or they feel their vote will not be decisive in the election.

a. theory of rational observance

b. theory of rational ignorance

c. theory of herd behavior

1. Without government intervention, public goods tend to be

a. underproduced and common resources tend to be under-consumed.

b. overproduced and common resources tend to be overconsumed

c. overproduced and common resources tend to be under-consumed.

d. underproduced and common resources tend to be overconsumed.

 

2. Which of the following pairs of goods includes a good that is excludable and rival in consumption as well as a good that is not excludable and not rival in consumption?

a. congested non-toll road, national defense

b. tablet computer, a gym membership at a gym that always has plenty of open equipment and classes

c. online music subscription, streetlight

d. tablet computer, national defense

 

3. Which of the following is a lesson from the Condorcet paradox?

a. Majority voting always indicates what outcome a society really wants.

b. Under certain conditions, there is no scheme for aggregating individual preferences.

c. When there are more than two options, deciding the order in which to vote can have a powerful influence over the outcome of an election.

d. If voters are choosing a point along a line, then the majority rule will pick the most preferred point of the median voter.

 

There is an election with three candidates: Lady Left (LL), Carrie Central (CC), and Robert Right (RR). The following contains the outcomes in various two- and three-way races:

CC-100%, RR 0%

LL-0%, CC 100%

RR-51%, LL 49%

RR. 33%, LL 32%, CC: 35%

The voting system is such that first there is a three-way race. Then, if none of the three candidates win more than 50% of the votes, there is a two-way runoff election between the two candidates who won the most votes.

Explain how this voting system does or does not meet each of the properties of consistency.

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