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4. Consider a society with three individuals, and three policies, A, B and C, that are under
consideration by this soclety. The utility numbers of the three policies for the individuals are
given below: Find out the social preference over A, B, and C if the society uses the majority rule
to aggregate indlvidual preferences. Do you observe Condorcet's paradox for this society?
Explain briefly.

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4- Consider a society with three individuals- and three policies- A- B.docx

  • 1. 4. Consider a society with three individuals, and three policies, A, B and C, that are under consideration by this soclety. The utility numbers of the three policies for the individuals are given below: Find out the social preference over A, B, and C if the society uses the majority rule to aggregate indlvidual preferences. Do you observe Condorcet's paradox for this society? Explain briefly.