A strong Condorcet winner (SCW) is an alternative, x, that a majority of voters rank higher than z, for every other alternative, z. A weak Condorcet winner (WCW) is an alternative, y, that no majority of voters rank below any other alternative, z, but is not a SCW. There has been some confusion...

Monotonicity failure is widely considered a severe pathology in a voting method, and some authors regard a voting method that suffers from this pathology to be totally unacceptable. Of the various voting methods discussed prominently in the literature, five methods are subject to monotonicity...

Henry George anticipated the winner's curse phenomenon and suggested an antidote to prevent wasteful land speculation. In these ways his economic ideas still resonate today as part of modern finance theory. Copyright 2004 American Journal of Economics and Sociology, Inc..