Determine the term - cyclic majority voting, Business Law and Ethics

Assignment Help:

Determine the term - cyclic majority voting

The cyclic majority voting, a problem first recognized by Marquis de Condorcet in 1785, the indeterminacy of voting process, has been seen as a major defect of majority voting as choice mechanism. Under direct democracy, suppose, voters are offered a proposal, if it is rejected then there will be a revision of proposal and as consequence there will be a revision to prespecified and intuitionally determined outcome. The interesting fact is that through this mechanism the agenda setter can have strong influence on the final outcome of the agenda selection exercises. The less favourable the revision level, the more able the agenda setter can exploit the situation. This fact has many important implications for design and management of large-scale policy switches in transition economics.


Related Discussions:- Determine the term - cyclic majority voting

Misfeasance - winding up, Misfeasance: Under s.324, misfeasance procee...

Misfeasance: Under s.324, misfeasance proceedings may be instituted against a director, promoter, manager, liquidator or "officer" (including an auditor) of a company in liqui

Main sources of revenue of local authorities, Question 1: Local Governm...

Question 1: Local Government is generally seen as a system of getting various services run for the local community. What, in your view, are the other distinctive benefits t

Commercial Law, Silcraze City Council owns and operates a Gym. It charges $...

Silcraze City Council owns and operates a Gym. It charges $20 per month as membership fees. On the Gym Membership Card it is written that the Cardholder has the right to use all th

Explain about the european court of justice rulings, Explain about the Euro...

Explain about the European court of justice rulings. European Court of Justice Rulings: This observes that EU law is being interpreted correctly and resolves any matters

Defines controlled delivery, Defines Controlled delivery This conventio...

Defines Controlled delivery This convention legalized the act of Controlled delivery and defines "Controlled delivery" as "the technique of allowing illicit or suspect consignm

What are the functions and powers of the security council, What are the fun...

What are the functions and powers of the Security Council? The functions and powers of the Security Council, which are as follows: • To keep international peace and security

Standard of proof in criminal cases, Standard of proof in criminal cases: ...

Standard of proof in criminal cases: Whenever the standard of proof in criminal cases is away from any reasonable doubt.  Further in the event of any reasonable doubt the accu

The procedures that an employer should follow, QUESTION (a) What do you...

QUESTION (a) What do you understand by the term misconduct in employment law. How does the English definition of misconduct differs from the French definition of misconduct?

The acts of non-state actor, The acts of non-state actor More important...

The acts of non-state actor More importantly, the concept of non-state actor needs be discussed by the concept of state responsibility, that is to say how and to what extent a

Explain the main elements that constitute a valid contract, Question 1: ...

Question 1: Explain the main elements that constitute a valid contract. Question 2: Explain the concepts of negligence and remoteness of damage in tort law. Questio

Write Your Message!

Captcha
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