Three friends are choosing a TV show to watch. Here are their preferences: a. If the three

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Three friends are choosing a TV show to watch. Here are their preferences:


Three friends are choosing a TV show to watch. Here

a. If the three friends try using a Borda count to make their choice, what would happen?
b. Monica suggests a vote by majority rule. She proposes that first they choose between Dexter and Glee, and then they choose between the winner of the first vote and House. If they all vote their preferences honestly, what outcome would occur?
c. Should Chandler agree to Monica€™s suggestion? What voting system would he prefer?
d. Phoebe and Monica convince Chandler to go along with Monica€™s proposal. In round one Chandler dishonestly says he prefers Glee over Dexter. Why might he dothis?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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