The solution to Arrow's Impossibility Theorem. . System can be made where electors give numbers between -100 to 100 to the candidate. If any elector just mark "yes" It will be considered as 100, and if elector donot cast vote it will be marked 0. But if elector give number then the number will taken into account. This method of range voting is better then preferential voting, and gives protection from Arrow's Useless Impossibility Theorem.
Assume that A & B are individuals and consist a society means society me sirf A & B hi hai or vahi society bna rahe hai. Unki preference dekhni hai X, Y and Z good me toh jiska number sabse jyada aayega vahi most preferred rahega us society ke liye toh is case me Y is most preferred good.. Hope you understood now..😊
@@KanishkaLuthraEcominds But by that logic, Z is 1st and 2nd preference as compared to Y having 2nd and 3rd preference. Definitely Z should be chosen over Y.
I have a doubt , how y is the most preffered it has got the lease prefference 3 and 4 only because the sum makes a bigger no. Won't make it the most preffered , please clear my doubt i have exam day after tommorow , what should i write in my exam is y most preffered or z
This is for your kind notice that the numbers in the examples represent the no of goods consumed (cordinal) not the preference (ordinal). Am i right mam?
