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add Joey to the discussion. Following are their preferences. First Choice Second Choice Third Choice Fourth Choice Joey Italian Mexican Chinese French Phoebe Italian Chinese
- add Joey to the discussion. Following are their preferences.
First Choice Second Choice Third Choice Fourth Choice
Joey
Italian Mexican Chinese French
Phoebe
Italian Chinese Mexican French
Rachel
Chinese Mexican French Italian
- (a)If they use Borda count, which cuisine will they end up eating?
- (b)Suppose Joey suggest a vote by majority rule. In Round 1, they will decide between Italian and Mexican; Round Two, they will decide between Chinese and French; Round Three, they will decide between the winners of Round One and Two. Which cuisine will they end up eating now?
- (c)Who will have an issue with Joey's suggestion? Why?
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
