Dollar example
DEMOREP1 at aol.com
DEMOREP1 at aol.com
Wed Feb 23 11:26:35 PST 2000
Mr. Ingles wrote in part-
Group A and C are each close to half of the population, with group B
only a small minority. Exact populations are unknown.
~50 A($1000) B($550) C($500)
~1 B($20500) A=C($500)
~50 C($1000) B($550) A($500)
Converted to vN-M utilities, we have:
~50 A(1.0) B(0.1) C(0)
~1 B(1.0) A=C(0)
~50 C(1.0) B(0.1) A(0)
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D- This is a revised repeat of earlier postings regarding the defects of
simple Approval Voting, simple Condorcet and simple ratings.
Yet again I suggest a YES/NO vote first. Does A, B or C get a YES majority
of all of the voters ??
Only the 2 or more choices getting YES majorities should go head to head.
In reality land, I would suggest that the A and C supporters would compromise
on something closer to total money/total members.
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