Macroeconomics (Book Only)
12th Edition
ISBN: 9781285738314
Author: Roger A. Arnold
Publisher: Cengage Learning
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Chapter 20, Problem 3WNG
To determine
Probability of winning in election.
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Consider the race for governor of a small state. The population of the state is evenly divided between three cities-Riverville, Hanover, and Danbury.
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Arrow's impossibility theorem states that under certain assumptions about preferences, no voting system exists that satisfies all of the following properties:
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Unanimity
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Transitivity
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Independence of irrelevant alternatives
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No dictators
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Chapter 20 Solutions
Macroeconomics (Book Only)
Ch. 20.3 - Prob. 1STCh. 20.3 - Prob. 2STCh. 20.3 - Prob. 3STCh. 20.4 - Prob. 1STCh. 20.4 - Prob. 2STCh. 20.6 - Prob. 1STCh. 20.6 - Prob. 2STCh. 20.6 - Prob. 3STCh. 20.6 - Prob. 4STCh. 20 - Prob. 1VQP
Ch. 20 - Prob. 2VQPCh. 20 - Prob. 3VQPCh. 20 - Prob. 4VQPCh. 20 - Prob. 5VQPCh. 20 - Prob. 1QPCh. 20 - Prob. 2QPCh. 20 - Prob. 3QPCh. 20 - Prob. 4QPCh. 20 - Prob. 5QPCh. 20 - Prob. 6QPCh. 20 - Prob. 7QPCh. 20 - Prob. 8QPCh. 20 - Prob. 9QPCh. 20 - Prob. 10QPCh. 20 - Prob. 11QPCh. 20 - Prob. 12QPCh. 20 - Prob. 1WNGCh. 20 - Prob. 2WNGCh. 20 - Prob. 3WNG
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