Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Textbook Question
Chapter 18, Problem 7SCQ
Suppose there is an election for Soft Drink Commissioner. The field consists of one candidate hunt the Pepsi petty and four from the Coca-Cola party. This would seem to indicate a strong preference for Coca-Cola among the voting population, but the Pepsi candidate ends up winning in a landslide. Why does this happen?
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Students have asked these similar questions
Which of the following is true?
a. Arrow’s Impossibility Theorem states that There is no voting method that will satisfy a reasonable set of fairness criteria when there are three or candidates.
b. Gibbard-Satterthwaite's theorem states that there is a voting method is completely resistant to strategic voting.
c. None of the given choices
d. May's Theorem states that the majority method will always have a winner.
Briefly explain why the principle that the majority of voters should decide an election outcome may not always make logical sense.
how does the election result change if a tax on non-voters doubles the number of voters while preserving the distribution of preferences?
Chapter 18 Solutions
Principles of Economics 2e
Ch. 18 - Based on the theory of rational ignorance, what...Ch. 18 - What is the cost of voting in an election?Ch. 18 - What is the main factor preventing a large...Ch. 18 - Why might legislators vote to impose a tariff an...Ch. 18 - True or false: Majority rule can fail to produce a...Ch. 18 - Anastasia, Emma, and Greta are deciding what to do...Ch. 18 - Suppose there is an election for Soft Drink...Ch. 18 - How does rational ignorance discourage voting?Ch. 18 - How can a small special interest group win in a...Ch. 18 - How can pork-barrel spending occur in a situation...
Ch. 18 - Why do legislators vote for spending projects in...Ch. 18 - Why does a voting cycle make it impossible to...Ch. 18 - How does a government agency raise revenue...Ch. 18 - What are some reasons people might find acquiring...Ch. 18 - What are some possible ways to encourage voter...Ch. 18 - Given that rational ignorance discourages some...Ch. 18 - When Microsoft was founded, the company devoted...Ch. 18 - Representatives of competing firms often comprise...Ch. 18 - Special interests do not oppose regulations in all...Ch. 18 - To ensure safety and efficacy, the Food and Drug...Ch. 18 - How is it possible to bear a cost without...Ch. 18 - Is pork-barrel spending always a bad thing? Can...Ch. 18 - The United States currently uses a voting system...Ch. 18 - What are some alternatives to a first past the...Ch. 18 - AT10 million dollar. Lobbying Congress to block...Ch. 18 - Occupy Wall Street was a national (and later...Ch. 18 - Say that the government is considering a ban on...
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Similar questions
- Negative Political advertisements generally have what effect on voters? They influence in change of party membership They convince some people not to vote O They make voters more engaged in the issues no effect- no change in voter behaver after ads none of the abovearrow_forwardSuppose that friends Jennifer, Stephanie, and Megan cannot agree on how much to spend for a bouquet of flowers to send to a person who allowed them to use her beach house for the weekend. Jennifer wants to buy a moderately priced bouquet, Stephanie wants to buy an expensive bouquet, and Megan wants to buy a very expensive bouquet. Assuming no paradox of voting, majority voting will result in the decision to buy Multiple Choice an inexpensive bouquet. a very expensive bouquet. a moderately priced bouquet. an expensive bouquet. Barrow_forwardHow might special interest groups and lobbyists influence campaigns and elections? Group of answer choices political party and influence legislation. They go door to door educating voters on campaign and election issues. While they do not participate in elections, they exercise a lot of influence through their relationships with elected officials. When politicians are elected to office, members of special interest and lobbyists take jobs working for that politician and in this way influence their work, campaigns, and elections.arrow_forward
- The Principles of Taxation Taxation systems are centered around two basic ideas. One is that people that benefit from services provided by tax revenues should be the ones who pay for them. Secondly, taxes should be paid in proportion to the number of benefits or services that an individual receives. Three Types of Taxes Taxes can be proportional, progressive, or regressive in nature. A proportional tax is equal in that it sets the same percentage of income taxation on everyone regardless of income. So for individuals, as their income rises or falls, they pay the same percentage in tax. A progressive tax imposes a higher percentage rate of taxation as incomes go up. So as people make more money they pay a higher percentage of that income in tax, and the percentage goes down if their income goes down. Regressive taxes are the opposite of progressive. They impose a higher percentage of taxes on lower incomes than on higher incomes. Often these taxes are not income taxes, but other types…arrow_forwardSuppose the government wants to maximize tax revenue. Some policymakers suggest taxingcigarettes, and some suggest taxing rich foods, like burgers and pizza. What would you recommend?Why? Defend your stance. give graph if neededarrow_forward4.1. The vote-for-two method works as follows: Candidates get apoint whenever a voter ranks them first or second. The candidate withthe most points is declared to be the winner (or if several candidates tiefor the most points, they are all declared to be winners).(a) Does the vote-for-two method satisfy the Condorcet criterion?(b) Does the vote-for-two method satisfy the anti-Condorcet criterion?(c) Does the vote-for-two method satisfy the Pareto property?(d) Is the vote-for-two method independent?arrow_forward
- How does rational ignorance discourage voting?arrow_forwardEx. 4 Strength Can Be Weakness A three-person committee has to choose a winner for a prize. After some debate, there are three candidates still under consideration. Let's call these candidates a, b and c, and call those committee members 1, 2 and 3. The committee members only care about which candidate wins the prize, and their preferences as follows: member 1 prefers a to b and b to c; member 2 prefers c to a and a to b; and member 3 prefers b to c and c to a. The rules of the competition say that the committee should first apply majority vote (secret ballot, one member one vote) and the candidate with the most votes wins. If the vote is tied, that is, the majority rule select a unique winning candidate, then the winner will be the candidate for whom member 1 voted. Thus, it might seem that member 1 has an advantage. (1) Write down the strategic form of this voting game. [You may assign any number to the payoff of each voter, as long as it is consistent with her preference order.] (2)…arrow_forwardEx. 4 Strength Can Be Weakness A three-person committee has to choose a winner for a prize. After some debate, there are three candidates still under consideration. Let's call these candidates a, b and c, and call those committee members 1, 2 and 3. The committee members only care about which candidate wins the prize, and their preferences as follows: member 1 prefers a to b and b to c; member 2 prefers c to a and a to b; and member 3 prefers b to c and c to a. The rules of the competition say that the committee should first apply majority vote (secret ballot, one member one vote) and the candidate with the most votes wins. If the vote is tied, that is, the majority rule select a unique winning candidate, then the winner will be the candidate for whom member 1 voted. Thus, it might seem that member 1 has an advantage. (1) Write down the strategic form of this voting game. [You may assign any number to the payoff of each voter, as long as it is consistent with her preference order.] (2)…arrow_forward
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