Economic Analysis of Social Issues 1st Edition by Alan Grant

Exercise 25

In Section 13.3, three roommates were trying to decide on an official drink. Janet preferred beer to wine and wine to pink lemonade; Jack preferred wine to pink lemonade and pink lemonade to beer; and Chrissy preferred pink lemonade to beer and beer to wine. Chrissy, the agenda-setter, offered up this observation: "Clearly there is no Condorcet winner among these choices. And if we used a Borda count, we'd get a tie." Was Chrissy correct? Verify both claims.