Which project will be selected by majority voting

Assignment Help Econometrics
Reference no: EM131204370

Consider five people with the preference rankings over four projects a, b, c, and d as follows:

584_59a332ba-3742-42d4-85ac-fe937ce425ea.png

a. Draw the preferences by ranking the projects by alphabetical order from left to right.

b. Who has single-peaked preferences and who has not?

c. Which project will be selected by majority voting? If none is selected, explain why.

Reference no: EM131204370

Questions Cloud

Employers total payroll tax liability for the period : Suppose Jim worked 61 hours during this payroll period and is paid $14.00 per hour. Assume FICA is 6.2%, Medicare is 1.45% and withholding tax is 10%. Calculate Jim's net paycheck for the period. Calculate Jim's employer's payroll tax expense for the..
Analog to digital converter : A 4 bit analog to digital converter has a voltage range of 0 to 6v and a digitization uncertainty of +/- 1 lsb . what is max uncertainty for 6v signal? what is max uncertainty of for 18 bit ADC ? Max uncertainty for 30bit ADC? If this ADC has a c..
Which property of voting is violated : Suppose that to overthrow the status quo, an alternative requires 70 percent or more of the vote. Which property of voting is violated? In many committees the chairman has the casting vote. Which property of voting is violated?
What is the risk level of mr. andrews : Why do you feel that this diagnostic technique is the most appropriate in the case of Mr. Andrews? Do you feel that the diagnostic technique that you did not select would be inadequate considering the circumstances above? Why?
Which project will be selected by majority voting : Draw the preferences by ranking the projects by alphabetical order from left to right.
New processor performs better than the old processor : What is the minimum clock speed she needs to support so that the new processor performs better than the old processor?
Attorneys litigating divorce and insurance fraud cases : Should congress enact laws requiring ISP's to formally track their customers' activities in an attempt to aid police investigating crimes, attorneys litigating divorce and insurance fraud cases, and the entertainment industry in locating illegally..
Which payments schemes are likely to be most beneficial : The design of the health care system involves issues of information at several points. The potential users (patients) are better informed about their own state of health and lifestyle than insurance companies.
Describe false memory and false memory experiments : Describe false memory and false memory experiments. Use the CogLab experiment to illustrate false memory experiments, special distracters, and normal distracters.

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

The Australian government administers two programs that affect the market for cigarettes.

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd