ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Transcribed Image Text:Table 22-21
Three longtime friends-Linda, Stella, and Lydia are deciding how they will spend their Sunday afternoon. They all agree that they should do one of the three things: go to a
comedy club, play soccer, or go to a tennis tournament. They also agree that they will have two pairwise votes to determine how to spend their afteroon, with the majority
determining the outcome on each vote. The first, second, and third choices for each person are as indicated in the following table.
First choice
Second choice
Third choice
Linda
tennis tournament
soccer
comedy club
Stella
soccer
comedy club
tennis tournament
Lydia
comedy club
tennis tournament
soccer
Refer to Table 23-2. If (1) the first vote pits "tennis tournament" against "comedy club," and (2) the second vote pits "soccer against the winner of the first vote, then the
outcome is as follows:
ⒸA "Tennis tournament" wins the first vote and "tennis tournament" wins the second vote, so they go to a tennis tournament
OB. "Tennis tournament" wins the first vote and "soccer" wins the second vote, so they play soccer
OC "Comedy club" wins the first vete and "comedy chab" wins the second vote, so they go to a tennis tournament.
D. "Comedy club" wins the first vote and "soccer" wins the second vote, so they play soccer
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