5. Suppose there are three individuals, Boris, Maggie, and William. They are using majority rule to decide among themselves whether to go hiking in the wilderness this weekend (H), kayaking in the river (K), or birdwatching, looking for rare Dodos (D). Boris likes hiking best and Dodo watching worst; Maggie likes Dodos best and Kayaking worst; William likes kayaking best and hiking worst. Unfortunately, they must all do the same activity (for insurance reasons). They vote on alternatives pair- wise (e.g., H vs. K; then the winner against D, etc.). Which choice will emerge as the groun's choice? Can you help them with their choice?

5. Suppose there are three individuals, Boris, Maggie, and William. They are using majority rule to decide among themselves whether to go hiking in the wilderness this weekend (H), kayaking in the river (K), or birdwatching, looking for rare Dodos (D). Boris likes hiking best and Dodo watching worst; Maggie likes Dodos best and Kayaking worst; William likes kayaking best and hiking worst. Unfortunately, they must all do the same activity (for insurance reasons). They vote on alternatives pair- wise (e.g., H vs. K; then the winner against D, etc.). Which choice will emerge as the groun's choice? Can you help them with their choice?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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5. Suppose there are three individuals, Boris, Maggie, and William. They are using
majority rule to decide among themselves whether to go hiking in the wilderness
this weekend (H), kayaking in the river (K), or birdwatching, looking for rare Dodos
(D). Boris likes hiking best and Dodo watching worst; Maggie likes Dodos best and
Kayaking worst; William likes kayaking best and hiking worst. Unfortunately, they
must all do the same activity (for insurance reasons). They vote on alternatives pair-
wise (e.g., H vs. K; then the winner against D, etc.). Which choice will emerge as the
group's choice? Can you help them with their choice?

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