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election, and a Condorcet losing candidate wins with positive probability. Finally, some candidates who reach the second round …
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election. We show that this fact can be explained by a combination of policy inertia and unpredictability in election outcomes …
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Using probabilistic methods and economic principle of maximization, the book studies: performance of different majority rules, independence versus cooperation among the members of an organization in reaching a decision, consequences of the presence of a leader on the performance of a decision...
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