25.4 Suppose seven individuals constitute a society in which individuals cast votes for their most preferred social

Question:

25.4 Suppose seven individuals constitute a society in which individuals cast votes for their most preferred social arrangement and that the arrangement with the greatest number of votes is always chosen. Devise an example of individual rankings of the three states A, B, and Csuch that state A is chosen when all three states are available but that state B is chosen if the "irrelevant" alternative Cis not available. (This amounts to showing that the constitution of this society does not obey Axiom 4 in Arrow's list.) How reasonable is your example? What does it indicate about the nature of Arrow's axiom?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: