Remember that our third exam is scheduled during class on Wednesday, April 12. Your Finance Worksheets 1-4 will also be due in class on April 12. There are two review sheets with answers linked on the right side of the blog. Make sure that you bring your calculator with you to class for the exam!
On Friday, we will begin our final unit with a discussion of voting theory. We will be discussing four ways of determining the winner of an election on Friday: Plurality, Plurality with Elimination, Pairwise Comparison, and Borda Count. Next week, we will discuss how we might compare these methods and determine one is "better" than another.
Challenge Problem: (Due Monday, April 17) In preparation for next week, research "fairness criteria for voting". In particular, describe the following criteria and give an example of an election and a voting method that fails to satisfy each criteria. (i.e., Give the results of a sample election under one of the voting methods and describe why this election violates the criterion. Do not use the examples in the notes.) Be sure to cite your sources.
1. Majority Criterion
2. Condorcet's Criterion
3. Monotonicity Criterion
4. Independence of Irrelevant Alternatives Criterion
Will our comments on the blog count as points like last time?
ReplyDelete-Brian Mast
Yes
ReplyDeleteI believe this material is very helpful, but when is the Condorcet method used? I have never seen people use this method
ReplyDelete