Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

10. Consider the case of instant runoff voting when three or more social choices are involved. Each voter has one vote and votes for his

10. Consider the case of instant runoff voting when three or more social choices are involved. Each voter has one vote and votes for his or her favorite option. The option with the least votes is eliminated, and the process continues until there are two choices and the one with the majority wins. Suppose we have five voters and three societal alternatives (A, B, C). Two of the voters rank the alternatives, from first choice to last choice, (A,B,C); two of the voters rank them (C,B,A); one voter ranks them (B,A,C). Show that the instant runoff method violates the independence of irrelevant alternatives axiom (A6).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The World Economy Geography, Business, Development

Authors: Frederick P. Stutz, Barney Warf

6th edition

321722508, 321722507, 978-0321722508

More Books

Students also viewed these Economics questions

Question

Be straight in the back without blowing out the chest

Answered: 1 week ago

Question

Wear as little as possible

Answered: 1 week ago

Question

Be relaxed at the hips

Answered: 1 week ago