Kyle

21%
Flag icon
You might imagine resolving this problem with a cleverer voting scheme. Perhaps the three could weight their preferences and one could somehow combine these weights. Economist Kenneth Arrow received a Nobel Prize in 1972 for proving that such attempts are fruitless.2 This sort of group irrationality is a central property of democratic voting, a fact not covered in high school civics.
Good Strategy Bad Strategy: The Difference and Why It Matters
Rate this book
Clear rating
Open Preview