Purchase Solution

majority voting rule

Not what you're looking for?

Ask Custom Question

Suppose there are five people -1, 2, 3, 4, and 5-who rank projects A, B, C, and D as follows.
1 2 3 4 5
A A D C B
D C B B C
C B C D D
B D A A A

Will any project be chosen by a majority vote rule? If so, which one? lf not, explain why.

Purchase this Solution

Solution Summary

The way to find if an option is selected by majority voting rule is demonstrated here.

Solution Preview

The way to find if an option is selected by majority voting rule it is useful to compare each option against every other one. Start with A.

Comparing A with B, you can see that A is preferred over B by 1 and 2, and B is preferred over A by 3, 4 and 5. Thus, A loses to B by a vote of 2-3.
Comparing A with C, again A is preferred over C by 1 and 2, and C is preferred over A by 3, 4 and 5. Thus, A loses to C by a vote of 2-3.
Comparing A to D, the results above follow, and A ...

Purchase this Solution


Free BrainMass Quizzes
Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.