Chapter 18: Q12 (page 441)
Why does a voting cycle make it impossible to decide on a majority-approved choice?
Voting cycle make impossible to determine majority choice, as one person's choice influences others decisions and joint preferences become non transitive.
Over 30 million students worldwide already upgrade their learning with Vaia!
All the tools & learning materials you need for study success - in one app.
Get started for free
To ensure safety and efficacy, the Food and Drug Administration regulates the medicines that pharmacies are allowed to sell in the United States. Sometimes this means a company must test a drug for years before it can reach the market. We can easily identify the winners in this system as those who are protected from unsafe drugs that might otherwise harm them. Who are the more anonymous losers who suffer from strict medical regulations?
Why might legislators vote to impose a tariff on Egyptian cotton, when consumers in their districts would benefit from its availability?
Based on the theory of rational ignorance, what should we expect to happen to voter turnout as the internet makes information easier to obtain?
Occupy Wall Street was a national (and later global) organized protest against the greed, bank profits, and financial corruption that led to the 2008–2009 recession. The group popularized slogans like “We are the 99%,” meaning it represented the majority against the wealth of the top 1%. Does the fact that the protests had little to no effect on legislative changes support or contradict the chapter?
What is the main factor preventing a large community from influencing policy in the same way as a special interest group?
What do you think about this solution?
We value your feedback to improve our textbook solutions.
