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  3. there are three alternatives: a, b and c and two v

There are three alternatives: a, b and c and two voters. Each voter is only allowed...

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Economics

There are three alternatives: a, b and c and two voters. Each voter is only allowed to report a strict ranking of the alternatives. The social preference function (SPF) is as follows: if alternative x is at the top of individual 1's ranking, then for society x > y (x is better than y), for every y ≠ x if neither x nor y are at the top of individual 1's ranking then the social ranking of x and y coincides with the way in which individual 2 ranks them.

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