Which of the following illustrates that a group composed of individuals with rational preferences doesn’t necessarily have rational preferences as a collectivity?
A. Condorcet’s paradox
B. round-robin tournament
C. utility function
D. median voter theorem
A. Condorcet’s paradox
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In normal economic times, this economic theory argues that the proper thing for government to do is to have a steady, predictable increase in the money supply at a rate about equal to growth in the economy's productivity.
A. Keynesian economics. B. Monetarist economics. C. Economic planning. D. Supply-side economics. E. Credit-based economics.
The primary check on an executive order is that
a. executive orders must pass a vote in the Senate to take effect. b. executive orders only last a year, after which they must be reauthorized. c. executive orders can be overturned by the next president. d. executive orders require unanimous support from the president’s cabinet.
The second wave of European colonization in Africa began in
a. 1607. b. 1776. c. 1862. d. 1895.
The__________pioneered the popular election of a governor and judges
A) Bill of Rights B) Mayflower Compact C) Pennsylvania Charter of Privileges D) Fundamental Orders of Connecticut E) Northwestern Ordinance