Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
nursemegan nursemegan
wrote...
Go to Answer
Posts: 478
Rep: 4 0
4 years ago

Question 1.

When members of Congress vote to pass new legislation, they will



▸

always vote for the alternative favored by a plurality of the voters if there is no majority position.



▸

fail to consistently represent the underlying preferences of voters.



▸

always fail to represent the underlying preferences of voters.



▸

always vote for the alternative favored by a majority of the voters.



Question 2.

Economist Kenneth Arrow has shown mathematically that no system of voting will consistently represent the underlying preferences of voters. This finding is called



▸

Arrow's Amendment to the public choice model.



▸

Arrow's majority vote paradox.



▸

Arrow's median voter model.



▸

the Arrow impossibility theorem.

Textbook 
InMicro

InMicro


Edition: 1st
Authors:
Read 119 times
1 Reply
Replies
Answer verified by a subject expert
gdchavis1gdchavis1
wrote...
#1
Posts: 410
Rep: 66 0
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

nursemegan Author
wrote...

4 years ago
This helped my grade so much Perfect
Starfiew
wrote...

Yesterday
this is exactly what I needed
wyq2651
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1175 People Browsing
 124 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 632
  
 4428
  
 258
Your Opinion
What's your favorite coffee beverage?
Votes: 274
Previous poll results: Which 'study break' activity do you find most distracting?