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Consider the following voting system: In the plurality voting system, individuals vote only for their favorite candidate, and the candidate with the most votes wins.

Consider the following voting system: In the plurality voting system, individuals vote only for their favorite candidate, and the candidate with the most votes wins. This may result in the winner having less than 50% of the vote. Consider the 1992 U.S. presidential election. Bill Clinton won the election with about 43% of the popular vote, while George H.W. Bush had about 38%, and Ross Perot had about 19%. Suppose that if Perot hadn't run, all Perot voters would have picked Bush. Then, Bush would have won the election with 57% of the vote. Which property does this voting method violate, according to Arrow's impossibility theorem? No dictators Independence of irrelevant alternatives Transitivity Unanimity

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