An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
the so-called “voting paradox” presented by Condorcet showed that majority rule can reach an impasse when every alternative is defeated in voting by some other alternative, so that no alternative is capable of standing up to the challenge of every other alternative.
Could that be avoided by ranked-choice voting, instead of yea-or-nay voting?
1 comment:
the so-called “voting paradox” presented by Condorcet showed that majority rule can reach an impasse when every alternative is defeated in voting by some other alternative, so that no alternative is capable of standing up to the challenge of every other alternative.
Could that be avoided by ranked-choice voting, instead of yea-or-nay voting?
Post a Comment