Rational Voters
Explain briefly the paradox of voting. Should rational voters vote? Discuss the validity of different solutions to the Paradox of voting (Hint: think of the following arguments: (i) voting isn’t costly, (ii) Not voting is costly 1-to the voter (iii) Voters have selective incentives to vote)
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QUESTION 1 Assume you have a world with 65 voters which can be grouped into four...
QUESTION 1 Assume you have a world with 65 voters which can be grouped into four different voter types based on their preferences over four options {A, B, C, and D). The table below shows how many voters are in each group and what the preferences over those options are for the voters within that group. Vater Type 1 Voter Type 2 Voter Type 3 Vater Type 4 20 Most Preferred 15 21 Least Preferred In other words, there are...
please answer all questions 18. We mentioned that the median voter theorem doesn't always work, and...
please answer all questions
18. We mentioned that the median voter theorem doesn't always work, and sometimes a winning policy doesn't exist. This fact has driven economists and political scientists to write thousands of papers and books, both proving that fact and also trying to find good workarounds. The most famous theoretical example of how voting doesn't work is the Condorcet paradox. The Marquis de Condorcet, a French nobleman in the 1700s, wondered what would happen if three voters had...
Write a program that supports the three phases (setup, voting and result-tallying) which sets up and...
Write a program that supports the three phases (setup, voting and result-tallying) which sets up and executes a voting procedure as described above. In more details: You can start with the given skeleton (lab6_skeleton.cpp). There are two structures: Participant structure, which has the following members: id -- an integer variable storing a unique id of the participant (either a candidate or a voter). name -- a Cstring for storing the name of the participant.. hasVoted -- a boolean variable for...
please answer all questions! 6. Assess the validity of the following statements. I. During Bangladesh's politically...
please answer all questions!
6. Assess the validity of the following statements. I. During Bangladesh's politically created famine, the average amount of food per person was much lower than usual. II. Democracies are less likely to kill their own citizens than other kinds of governments. O Only II is true. Neither I nor II is true. Both I and II are true. O Only I is true. 7. Assess the validity of the following statements. I. Compared with most other...
Question 4 of the image Prove that, for all n 1 1 Arrange the following rational numbers in increasing order: (i) x, is...
Question 4 of the image
Prove that, for all n 1 1 Arrange the following rational numbers in increasing order: (i) x, is a rational number 61/99, 3/5, 17/30, 601/999, 599/1001. g 0 2 Find positive integers r and s such that r/s is equal to the repeating decimal (ii) 2 x5/2. Find an expression for x - 5 involving x,-5, and hence explain (without formal proof) why x, tends to a limit which is not a rational number 0.30024....
Problem 5 Consider a community of 11 individuals that has to decide the size G of...
Problem 5 Consider a community of 11 individuals that has to decide the size G of a public project. Among the 11 people, 4 people (type 1) have a marginal benefit (net of cost, i.e., you can think that costs are zero) for the public project MB1(G) = 2 – 2G 2 people (type 2) have a marginal benefit MB2 (G) = 12 – 6G, and 5 people (type 3) have a marginal benefit MB3 (G) = 4 – G....
a. What are the arguments used by scholars to argue that preference shares are not Shari'ah (6 marks) compliant? b. The following questions relate to the short selling of stocks. i. Briefly d...
a. What are the arguments used by scholars to argue that preference shares are not Shari'ah (6 marks) compliant? b. The following questions relate to the short selling of stocks. i. Briefly describe how short selling works. ii. Explain one economic advantage and one economic disadvantage of short selling. iii. Provide one argument used to argue the Shari 'ah permissibility of short selling and provide one argument used by those who contend that short selling should not be allowed from...
I. Suppose the true conditional mean function is but by mistake, a researcher ran least square...
I. Suppose the true conditional mean function is but by mistake, a researcher ran least square regression without the X term as in Assume cou (Xi , U) = 0, E [Xa] = 0 and E [x7-1. Is his/her estimate consistent for β? If not, show which OLS assumption fails and discuss potential solutions. 2. Assume the structural equation is where E (uiX]-0. It was discovered that we observe X, with a measurement error w instead of the real value...
Problem 2: Please, can you help to solve the following problem for me I have hard...
Problem 2: Please, can you help to solve the following problem for me I have hard time to solve it. The following table uses OLS to analyze the correlates of state legislators voting yes on a compromise proposal that moved the state gas tax half way to their preferred alternative. The dependent variable is 1 if the legislator voted for the proposal and 0 if they did not. The independent variables are defined as follows: Voter retribution: Respondents were asked...
1. Suppose the true conditional mean function is but by mistake, a researcher ran least square...
1. Suppose the true conditional mean function is but by mistake, a researcher ran least square regression without the X term as in Assume cou (Xi, U)-0, E Xil]-o and E [x?]-: i. Is his/her estimate consistent for β? If not, show which OLS assumption fails and discuss potential solutions. 2. Assume the structural equation is where E [111x,-0. It was discovered that we observe Xi with a measurement error wi instead of the real value Xi It is known...
QUESTION 1 Assume you have a world with 65 voters which can be grouped into four different voter types based on their preferences over four options {A, B, C, and D). The table below shows how many voters are in each group and what the preferences over those options are for the voters within that group. Vater Type 1 Voter Type 2 Voter Type 3 Vater Type 4 20 Most Preferred 15 21 Least Preferred In other words, there are...
please answer all questions
18. We mentioned that the median voter theorem doesn't always work, and sometimes a winning policy doesn't exist. This fact has driven economists and political scientists to write thousands of papers and books, both proving that fact and also trying to find good workarounds. The most famous theoretical example of how voting doesn't work is the Condorcet paradox. The Marquis de Condorcet, a French nobleman in the 1700s, wondered what would happen if three voters had...
please answer all questions!
6. Assess the validity of the following statements. I. During Bangladesh's politically created famine, the average amount of food per person was much lower than usual. II. Democracies are less likely to kill their own citizens than other kinds of governments. O Only II is true. Neither I nor II is true. Both I and II are true. O Only I is true. 7. Assess the validity of the following statements. I. Compared with most other...
Question 4 of the image
Prove that, for all n 1 1 Arrange the following rational numbers in increasing order: (i) x, is a rational number 61/99, 3/5, 17/30, 601/999, 599/1001. g 0 2 Find positive integers r and s such that r/s is equal to the repeating decimal (ii) 2 x5/2. Find an expression for x - 5 involving x,-5, and hence explain (without formal proof) why x, tends to a limit which is not a rational number 0.30024....
Problem 5 Consider a community of 11 individuals that has to decide the size G of a public project. Among the 11 people, 4 people (type 1) have a marginal benefit (net of cost, i.e., you can think that costs are zero) for the public project MB1(G) = 2 – 2G 2 people (type 2) have a marginal benefit MB2 (G) = 12 – 6G, and 5 people (type 3) have a marginal benefit MB3 (G) = 4 – G....
a. What are the arguments used by scholars to argue that preference shares are not Shari'ah (6 marks) compliant? b. The following questions relate to the short selling of stocks. i. Briefly describe how short selling works. ii. Explain one economic advantage and one economic disadvantage of short selling. iii. Provide one argument used to argue the Shari 'ah permissibility of short selling and provide one argument used by those who contend that short selling should not be allowed from...
I. Suppose the true conditional mean function is but by mistake, a researcher ran least square regression without the X term as in Assume cou (Xi , U) = 0, E [Xa] = 0 and E [x7-1. Is his/her estimate consistent for β? If not, show which OLS assumption fails and discuss potential solutions. 2. Assume the structural equation is where E (uiX]-0. It was discovered that we observe X, with a measurement error w instead of the real value...
1. Suppose the true conditional mean function is but by mistake, a researcher ran least square regression without the X term as in Assume cou (Xi, U)-0, E Xil]-o and E [x?]-: i. Is his/her estimate consistent for β? If not, show which OLS assumption fails and discuss potential solutions. 2. Assume the structural equation is where E [111x,-0. It was discovered that we observe Xi with a measurement error wi instead of the real value Xi It is known...
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