PRINCIPLES OF MICROECONOMICS (OER)
2nd Edition
ISBN: 9781947172340
Author: Timothy Taylor, Steven A. Greenlaw
Publisher: OpenStax
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Textbook Question
Chapter 18, Problem 7SCQ
Suppose there is an election for Soft Drink Commissioner. The field consists of one candidate hunt the Pepsi petty and four from the Coca-Cola party. This would seem to indicate a strong preference for Coca-Cola among the voting population, but the Pepsi candidate ends up winning in a landslide. Why does this happen?
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Check out a sample textbook solutionStudents have asked these similar questions
What is meant by limited and bundled choice when voting on a bill or candidate?
Which of the following is true?
a. Arrow’s Impossibility Theorem states that There is no voting method that will satisfy a reasonable set of fairness criteria when there are three or candidates.
b. Gibbard-Satterthwaite's theorem states that there is a voting method is completely resistant to strategic voting.
c. None of the given choices
d. May's Theorem states that the majority method will always have a winner.
Problem 2. The planning committee for a renewable energy trade show is trying to decide what city to hold their next show in. The votes are shown below.
Numbers of Voters
9
19
11
8
1st choice
Buffalo
Atlanta
Chicago
Buffalo
2nd choice
Atlanta
Buffalo
Buffalo
Chicago
3rd choice
Chicago
Chicago
Atlanta
Atlanta
How many voters voted in this election?
How many votes are needed for a majority? A plurality?
Find the winner under the plurality method.
Find the winner under the Borda Count Method.
Find the winner under the Plurality with Elimination method.
Find the winner under the Pairwise Comparison Voting method.
Chapter 18 Solutions
PRINCIPLES OF MICROECONOMICS (OER)
Ch. 18 - Based on the theory of rational ignorance, what...Ch. 18 - What is the cost of voting in an election?Ch. 18 - What is the main factor preventing a large...Ch. 18 - Why might legislators vote to impose a tariff an...Ch. 18 - True or false: Majority rule can fail to produce a...Ch. 18 - Anastasia, Emma, and Greta are deciding what to do...Ch. 18 - Suppose there is an election for Soft Drink...Ch. 18 - How does rational ignorance discourage voting?Ch. 18 - How can a small special interest group win in a...Ch. 18 - How can pork-barrel spending occur in a situation...
Ch. 18 - Why do legislators vote for spending projects in...Ch. 18 - Why does a voting cycle make it impossible to...Ch. 18 - How does a government agency raise revenue...Ch. 18 - What are some reasons people might find acquiring...Ch. 18 - What are some possible ways to encourage voter...Ch. 18 - Given that rational ignorance discourages some...Ch. 18 - When Microsoft was founded, the company devoted...Ch. 18 - Representatives of competing firms often comprise...Ch. 18 - Special interests do not oppose regulations in all...Ch. 18 - To ensure safety and efficacy, the Food and Drug...Ch. 18 - How is it possible to bear a cost without...Ch. 18 - Is pork-barrel spending always a bad thing? Can...Ch. 18 - The United States currently uses a voting system...Ch. 18 - What are some alternatives to a first past the...Ch. 18 - AT10 million dollar. Lobbying Congress to block...Ch. 18 - Occupy Wall Street was a national (and later...Ch. 18 - Say that the government is considering a ban on...
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