[Microeconomics II] Welfare Economics | Rank Order Voting | Condorcet Paradox | Borda Count | 13 |

This video talks about
1. Aggregation of Preferences through Rank Order Voting Method
2. Condorcet Paradox | Borda Count |
3. Meaning of independent of Irrelevant Alternatives
This is useful for those who are preparing
1) Intermediate Microeconomics Course in their semesters
2) UGC Net Economics
3) Basics of MA Economics Entrance Exam (DSE/ISI/JNU/IGIDR/MSE)
4) Indian Economic Services
5) Indian Administration Services (Economics Optional)
For any course related query please call 9999886629
or visit nishantmehra.com for IAS Economics Optional/ Indian Economic Services/ UGC Net Economics
or visit Ecopoint.in for MA Economics Entrance Coaching

[@aakritiaggarwal8230]

Hi sir,
I have a question regarding independence of irrelevant alternatives. say suppose instead of removing unchosen options from a profile, we are adding a new option in the profile.
if candidate A is the election winner, it should still be
ranked above candidate B if a third candidate C enters the race as long as C is beaten by both A and B, but
not if C beats at least one of them, because in such a case C is not "irrelevant". is this statement true/false?

[@ayushiagarwal1498]

Thanks a lot sir for these videos...they are helping a lot.

[@randomnothings4468]

mai ispe aa gai kikuu

[@randomnothings4468]

tu bhi jaldi aaaaa

[@llinchossss]

why do we take the lowest??

[@Ramu_Arjun78965]

simply awesome💯

[@shailpallavi9641]

thank u so much sir