Q3. Three voters, A, B, and C, hold a majority vote on the X and Y issues. The two issues are put to a vote separately. If each issue is adopted, the change in the net benefit of the voters is shown in the table. Voters A B C Issue X Y +6 -3 -1 +4 -2 -3 1. Which case will be adopted by the majority rule, X or Y? 2. Which issues can be adopted if voting transactions exist? Does voting trade boost efficiency? 3. Let's say one voter can make a monetary reward to another voter in exchange for choosing to approve or disapprove of a particular issue. At this time, can we get more efficient results than the results of b? 4. What is the actual level of monetary compensation if monetary compensation for these votes occurs? This questions are from Rosen [Public finance 10e Chapter 6]
Added by Carolina G.
Close
Step 1
Step 1: Identify the specific formatting issues in the text, such as inconsistent spacing, unclear headings, or disorganized bullet points. Show more…
Show all steps
Your feedback will help us improve your experience
Frank Deng and 65 other Intro Stats / AP Statistics educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
13. Can the following problems about voters be solved by adding 1/2 + 1/3? If so, explain why. If not, explain why not. Solve the problems if they can be solved. Write a different problem about voters that can be solved by adding 1/2 + 1/3. Problem 1 About Voters: In Kneebend County, 1/2 of the female voters and 1/3 of the male voters voted for a certain referendum. Altogether, what fraction of the voters voted for the referendum in Kneebend County? Problem 2 About Voters: In Kneebend County, 1/2 of the female voters and 1/3 of the male voters voted for a certain referendum. There are the same number of women voters as men voters in Kneebend County. Altogether, what fraction of the voters voted for the referendum in Kneebend County?
Frank D.
The voting profile for three voters and five alternatives is as follows: 1: deabc 2: caedb 3: bdace For questions (1) and (3), the voting agenda is the amendment procedure (managing ordering) deacb. (1) Under sincere voting, alternative [Select] wins. (2) Determine if each alternative can win with sincere voting under the agenda next to it. ALTERNATIVE: AGENDA ANSWER a: abcde [Select] b: baecd [Select] c: dcaeb [Select] d: edcba [Select] e: aedbc [Select] (3) The agenda is d e a c b. If Voter 3 votes strategically and all other voters vote sincerely, the best outcome for Voter 3 is [Select].
Akash M.
Two politicians soon will be starting their campaigns against each other for a certain political office. Each must now select the main issue she will emphasize as the theme of her campaign. Each has three advantageous issues from which to choose, but the relative effectiveness of each one would depend upon the issue chosen by the opponent. In particular, the estimated increase in the vote for politician 1 (expressed as a percentage of the total vote) resulting from each combination of issues is as follows: However, because considerable staff work is required to research and formulate the issue chosen, each politician must make her own choice before learning the opponent's choice. Which issue should she choose? For each of the situations described here, formulate this problem as a two-person, zero-sum game, and then determine which issue should be chosen by each politician according to the specified criterion. (a) The current preferences of the voters are very uncertain, so each additional percent of votes won by one of the politicians has the same value to her. Use the minimax criterion. (b) A reliable poll has found that the percentage of the voters currently preferring politician 1 (before the issues have been raised) lies between 45 and 50 percent. (Assume a uniform distribution over this range.) Use the concept of dominated strategies, beginning with the strategies for politician 1.
Madhur L.
Recommended Textbooks
Elementary Statistics a Step by Step Approach
The Practice of Statistics for AP
Introductory Statistics
Transcript
Watch the video solution with this free unlock.
EMAIL
PASSWORD