Asked by caglar gokbulut on Jun 14, 2024

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Suppose that in a series of paired-choice votes a new park is preferred to a new recreation center and a new recreation center is preferred to street widening.Also suppose that street widening is preferred to a new park.This set of votes is an example of the:

A) principal-agent problem.
B) benefits-received principle.
C) median-voter model.
D) paradox of voting.

Paired-Choice Votes

A voting method in which voters choose between pairs of candidates or options in a series of rounds to determine the most preferred option or candidate.

Paradox of Voting

The paradox of voting is a situation where the costs of voting (time, effort) exceed the apparent benefits, given the low probability of one vote being decisive, yet people still vote.

New Park

A newly established or developed public area designed for recreation, leisure, and conservation purposes.

  • Assess the effectiveness of how resources are allocated through majority voting and analyze the voting paradox.
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GZ
Geraldina ZapataJun 20, 2024
Final Answer :
D
Explanation :
This set of votes is an example of the paradox of voting, also known as Condorcet's Paradox, which occurs when collective preferences are cyclic (i.e., A is preferred to B, B is preferred to C, and C is preferred to A) despite the individual preferences being rational. This situation demonstrates that a group's preferences can be inconsistent, leading to no clear winner based on majority rule.