Because majority voting fails to incorporate the strength of the preferences of individual voters, it
A) creates negative externalities.
B) can, under some circumstances, produce economically ineﬃcient outcomes.
C) leads to market failure.
D) leads to politics dominated by special-interest groups.

Question

Quizplus · Accepted Answer

Majority voting can produce economically inefficient outcomes because it does not consider the intensity of preferences. For example, if 51% of voters prefer Option A slightly over Option B, while 49% of voters strongly prefer Option B, majority voting would still result in Option A being chosen despite the fact that it does not satisfy the preferences of the minority. This can lead to a situation where the overall welfare of society is not maximized.

Because Majority Voting Fails to Incorporate the Strength of the Preferences