Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
which of arrows conditions is removed to prove the median voter theorem which condition does the borda rule violate
in a transferable voting system each voter provides a ranking of the candidates the candidate with the lowest number of
assume that all voters have an hourly wage of 10 and that it takes half an hour to vote they stand to gain 50 if their
consider a scoring rule in which the preferred option is given one point and all others nonea show that this need not
construct an example of preferences for which the majority voting outcome is not the median given these preferences
with sincere voting can an example be given in which an agenda is constructed so that a condorcet winner is defeated is
suppose that to overthrow the status quo an alternative requires 70 percent or more of the vote which property of
the design of the health care system involves issues of information at several points the potential users patients are
the government can help those people most in need by either giving them cash or providing free meals what is the
show that for an odd number of voters and a given preference profile over a fixed number of alternatives an alternative
construct a variation of the rent-seeking game without the discontinuity in winning losing find the pure strategy
using figure 113 locate the points where monopoly welfare loss in units of good 2 occurs in the diagram show that this
you are competing for a rent with one rival your valuation and your competitors valuation are private information you
three firms have applied for the franchise to operate the cable tv system during the coming year the annual cost of
consider the following situation there are n gt 2 players competing for a chance to win benefits from the government of
should a social planner be concerned with the distribution of income or the distribution of utility how does the answer
consider four people with preference rankings over three projects a b and c as followsa assume that voters cast their
sketch the indifference curves of the bergson-samuelson social welfare function w u1 u2 what do these indifference
provide an argument to establish that the optimal allocation must be pareto-ancient what assumptions have you placed
the purpose of this exercise is to illustrate the potential conflict between personal liberty and the pareto principle
discuss the following quote from cowell 1995 lsquolsquothe main disadvantage of gini is that an income transfer from a
consider a hypothetical island with only ten people eight have income of 10000 one has income of 50000 and one has
there are two senior advisors to the government a and b both of whom agree that the poverty line is at 4000 for a
given the income distributions1 2 2 5 5 5 7 11 11 12 20 21 22 242 3 3 4 4 5 7 7 11 11 12 20 21 24and a poverty line of
use the two income distributions in exercise 1317 to evaluate the foster-greerthorbecke poverty measure for a 2 pool