Arrow's impossibility theorem suggests that:
A) any voting system society adopts for aggregating the preferences of its members will be flawed
B) a voting system will be ideal if some form of dictatorship is allowed
C) a voting system will be ideal if the properties of intransitivity and dependence of irrelevant alternatives are satisfied
D) none of the above
Correct Answer:
Verified
Q67: Experiments suggest that people:
(i) are over-confident about
Q68: The median voter is:
A)any voter in a
Q69: Table 23 - 1
Q70: Table 23 - 1
Q71: According to the median voter theorem, majority
Q73: Table 23 - 1
Q74: Arrow's impossibility theorem suggests that:
A)a voting system
Q75: Experiments suggest that people:
(i) lack confidence in
Q76: Parties in a two-party political system tend
Q77: An implication of the median voter theorem
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents