AECO355 Albany State Single and Multi Peaked Preferences Questions – assignmentcollections.com
Business Finance Assignment Collections – assignmentcollections.com
1] The population of the town of Neverwhere can be divided into three equal-size groups of people:
a] Type A people prefer high levels of spending on public parks to low levels of spending, and they prefer low levels to medium levels.
b] Type B people prefer medium levels of spending on public parks to low levels, and they prefer low levels to high levels.
c] Type C people consistently prefer more spending on public parks to less.
Do all types of people in Neverwhere have single-peaked preferences? Do any of the three groups have multi-peaked preferences? If so, which ones? Will majority voting generate consistent outcomes? Explain.
– assignmentcollections.com
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