6: Social Choice: Spacial Models Flashcards

1
Q

When considering single peaked preferences, what can be said about the middle option

Footnote
1D policy space

A

It can not be worst of three

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Blacks Median voter theorem

Footnote
1D policy space

A

If all voters have single peaked preferences, the ideal point of the median voter is a condorcet winner

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Blacks single peakedness theorem

Footnote
1D policy space

A

if all voters have single peaked preferences, pairwise majority voting gives rational preferences

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What can be said for three voters majority voting in two dimensions?

A

For any point, there exists another point prefered by at least 2 voters

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Theorem by McKalvey

Footnote
SPP in min 2D

A

a condorcet winner exists only for very certain ideal points

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Consequence of the theorem by McKalvey

Footnote
SSP in min 2D

A

Movement from any point to any other point is possible by a sequence of pairwise majority votes

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

How do I use the Lagrange-Method for maximizig f(x) under the constraint g(x)

A

g(x) is the constraint solved for 0

L= f(x)+\lambda*g(x)

L nach x und \lambda ableiten

Gleichungssytem lösen (erst nach \lambda)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly