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Instant-runoff Voting
Instant-runoff voting (IRV; ranked-choice voting (RCV), preferential voting, alternative vote) is a single-winner ranked voting election system where Sequential loser method, one or more eliminations are used to simulate Runoff (election), runoff elections. When no candidate has a majority of the votes in the first round of counting, each following round eliminates the candidate with the fewest First-preference votes, first-preferences (among the remaining candidates) and transfers their votes if possible. This continues until one candidate accumulates a majority of the votes still in play. Instant-runoff voting falls under the plurality-based voting-rule family, in that under certain conditions the candidate with the least votes is eliminated, making use of secondary rankings as contingency votes. Thus it is related to the Runoff election, two-round runoff system and the exhaustive ballot. IRV could also be seen as a single-winner equivalent of Single transferable vote, sin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American English
American English, sometimes called United States English or U.S. English, is the set of variety (linguistics), varieties of the English language native to the United States. English is the Languages of the United States, most widely spoken language in the United States and, since 2025, the official language of the United States. It is also an official language in 32 of the 50 U.S. states and the ''de facto'' common language used in government, education, and commerce in all 50 states, the District of Columbia, and in all territories except Puerto Rico. Since the late 20th century, American English has become the most influential form of English worldwide. Varieties of American English include many patterns of pronunciation, vocabulary, grammar, and particularly spelling that are unified nationwide but distinct from other forms of English around the world. Any North American English, American or Canadian accent perceived as lacking noticeably local, ethnic, or cultural markedness ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Parliament Of Papua New Guinea
The National Parliament of Papua New Guinea is the Unicameralism, unicameral national legislature in Papua New Guinea. It was created in 1964 as the House of Assembly of Papua and New Guinea but gained its current name after the nation was granted independence in 1975. Composition and electoral system The 118 members of parliament serve five-year terms, 96 of whom are chosen from single-member "open" electorates, which are sometimes referred to as "seats" but are officially known as constituencies. The remaining 22 are chosen from single-member provincial electorates: the 20 provinces, the autonomous province of Autonomous Region of Bougainville, Bougainville, and the National Capital District (Papua New Guinea), National Capital District. Each provincial member becomes governor of their province unless they take a ministerial position, in which case the governorship passes to an open member of the province. From 1964 until 1977 an Optional Preferential Voting System was used. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Entry
In economics, free entry is a condition in which firms can freely enter the market for an economic good by establishing production and beginning to sell the product. The assumption of free entry implies that if there are firms earning excessively high profits in a given industry, new firms that also seek a high profit are likely to start to produce or change into a production of the same good to join the market. In such a case there are no barriers preventing a start-up firm from competing. Where an opportunity of a profit arises we assume that there will also be firms entering the market for the certain good and compete for it. In most markets this condition is present only in the long run. The assumption of free entry doesn't mean that a firm is simply able to set up a shop without any costs incurred. It is clear that the new entrant needs to gain the capital that they need for operating in the industry. Therefore, even with a free entry to a market the entrant still has to f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Center Squeeze
A center squeeze is a kind of spoiler effect shared by rules like the two-round system, plurality-with-primaries, and instant-runoff voting (IRV). In a center squeeze, the Majority-preferred candidate, majority-preferred and Social utility efficiency, socially optimal candidate is eliminated in favor of a more Extremism, extreme alternative before having a chance to face another candidate in a one-on-one race. Systems with center-squeeze are sometimes called centrifugal ("center-fleeing") because they encourage political polarization. Candidates focused on appealing to a small Political base, base of Core support, core supporters can "squeeze" broadly-popular candidates trapped between them out of the race, by splitting the First-preference votes, first-round vote needed to survive earlier rounds. This effect was first predicted by Social choice theory, social choice theorists in the 1940s and 50s, and has since been documented in various countries using Plurality-rule family, pl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Independence Of Irrelevant Alternatives
Independence of irrelevant alternatives (IIA) is an axiom of decision theory which codifies the intuition that a choice between A and B (which are both related) should not depend on the quality of a third, unrelated outcome C. There are several different variations of this axiom, which are generally equivalent under mild conditions. As a result of its importance, the axiom has been independently rediscovered in various forms across a wide variety of fields, including economics, cognitive science, social choice, fair division, rational choice, artificial intelligence, probability, and game theory. It is closely tied to many of the most important theorems in these fields, including Arrow's impossibility theorem, the Balinski–Young theorem, and the money pump arguments. In behavioral economics, failures of IIA (caused by irrationality) are called menu effects or menu dependence. Motivation This is sometimes explained with a short story by philosopher Sidney Morgenbesser:Mor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
No-show Paradox
The participation criterion is a Comparison of electoral systems, voting system criterion that says candidates should never lose an election as a result of receiving too many votes in support. More formally, it says that adding more voters who prefer ''Alice'' to ''Bob'' should not cause ''Alice'' to lose the election to ''Bob''. Voting systems that fail the participation criterion exhibit the no-show paradox, where a voter is effectively disenfranchised by the electoral system because turning out to vote could make the result worse for them; such voters are sometimes referred to as having negative vote weights, particularly in the context of Basic Law for the Federal Republic of Germany, German constitutional law, where courts have ruled such a possibility violates the principle of one man, one vote. Positional voting, Positional methods and score voting satisfy the participation criterion. All deterministic voting rules that satisfy Condorcet method, pairwise majority-rule can f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Negative Responsiveness
Electoral system criteria In social choice, the negative response, perversity, or additional support paradox is a pathological behavior of some voting rules where a candidate loses as a result of having too much support (or wins because of increased opposition). In other words, increasing (decreasing) a candidate's ranking or rating causes that candidate to lose (win), respectively. Electoral systems that do not exhibit perversity are sometimes said to satisfy the monotonicity criterion.D R Woodall"Monotonicity and Single-Seat Election Rules" '' Voting matters'', Issue 6, 1996 Perversity is often described by social choice theorists as an exceptionally severe kind of electoral pathology, as such rules can have "backwards" responses to voters' opinions, where popularity causes defeat while unpopularity leads to a win. Similar rules treat the well-being of some voters as "less than worthless". These issues have led to constitutional prohibitions on such systems as violating t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Theory (journal)
Economics () is a behavioral science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyses what is viewed as basic elements within economies, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and investment expenditure interact; and the factors of production affecting them, such as: labour, capital, land, and enterprise, inflation, economic growth, and public policies that impact these elements. It also seeks to analyse and describe the global economy. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
