Democracy and Arrow’s Impossibility Theorem
Lecture no. 14 from the course: Meaning from Data: Statistics Made Clear
Taught by Professor Michael Starbird | 28 min | Categories: The Great Courses Plus Online Mathematics Courses
An election assembles individual opinions into one societal decision. This lecture considers a surprising reality about elections: The outcome may have less to do with voters' preferences than with the voting method used, especially when three or more candidates are involved.