Consider the following rankings of candidates by voters in a particular country: 1st 2nd 3rd 40% A 44% C A 16% C A B The winner produced by Ranked choice (run-off system) is: A O C no winner O other

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter19: Externalities And Public Goods
Section: Chapter Questions
Problem 19.12P
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V8
Consider the following rankings of candidates by voters in a particular country:
1st
2nd
3rd
40% A
44%
C
A
16%
C
A B
The winner produced by Ranked choice (run-off system) is:
A
C
no winner
O other
Transcribed Image Text:Consider the following rankings of candidates by voters in a particular country: 1st 2nd 3rd 40% A 44% C A 16% C A B The winner produced by Ranked choice (run-off system) is: A C no winner O other
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