Three friends are choosing a restaurant for dinner. Here are their preferences: a. If the three friends

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Three friends are choosing a restaurant for dinner. Here are their preferences:


Three friends are choosing a restaurant for dinner. Here are

a. If the three friends use a Borda count to make their decision, where do they go to eat?
b. On their way to their chosen restaurant, they see that the Mexican and French restaurants are closed, so they use a Borda count again to decide between the remaining two restaurants. Where do they decide to go now?
c. How do your answers to parts (a) and (b) relate to Arrow€™s impossibilitytheorem?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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