Three friends are choosing a TV show to watch. Here are their preferences: a. If the three

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Three friends are choosing a TV show to watch. Here are their preferences:

Chandler Monica Empire...Supergirl...Homeland Empire Phoebe First choice.... Second choice.... Third choice... .Supergir


a. If the three friends try using a Borda count to make their choice, what would happen?

b. Monica suggests a vote by majority rule. She proposes that first they choose between Empire and Supergirl, and then they choose between the winner of the first vote and Homeland. If they all vote their preferences honestly, what outcome would occur?

c. Should Chandler agree to Monica's suggestion? What voting system would he prefer?

d. Phoebe and Monica convince Chandler to go along with Monica's proposal. In round one, Chandler dishonestly says he prefers Supergirl over Empire. Why might he do this?

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Principles of Economics

ISBN: 978-1305585126

8th edition

Authors: N. Gregory Mankiw

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