Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

In ancient Athens, the philosopher Socrates was on trial for being a heretic. The citizenry would vote, first on guilt and then on penalty. The usual penalties were banishment and death. Suppose there were three voting blocs: 40% wanted him to be acquitted (A),30% considered him guilty, but favored the lesser punishment of banishment (B), and another 30% viewed him as guilty and deserving of the death penalty (C).

a. Socrates was found guilty in a first round of voting and then sentenced to death in the second round (by a greater margin than those who voted guilty in the first). For this to be possible (with sincere voting), how would type A have to rank the three alternatives, acquittal (a) vs. banishment (b) vs. death (c)?

b. What would have to Bís preference ranking, so that it has no reason to vote insincerely?

c. In ancient Rome, the procedure was different: citizens would first vote on execution vs. life, and then on banishment vs. acquittal in the second round if there was no majority for execution. What would have happened in this case, depending on Cís preferences (assuming people vote sincerely)?

d. Supposing C prefers banishment to acquittal, and Aís preferences are as determined in part a). Would A have an incentive to vote sincerely under the Roman procedure? What if C prefers acquittal to banishment?

e. At a similar trial, in Rome, a speaker who supported acquittal proposed to vote directly over all three alternatives, so that the one with the most votes wins. The outcome was actually banishment, rather than acquittal. Assuming the distribution of most-preferred alternatives was as in the Socrates trial, what must have been the full preference rankings for the three types, in order for this to happen? Who voted insincerely?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92589254

Have any Question?


Related Questions in Operation Management

Microsoft dfd assignment use visiosystem

Microsoft DFD Assignment (use visio) System Description: TenDollarReview.com is a website that allows any Author to submit a short story and have it reviewed for a fee of $10. It also allows any Critic to go to the site ...

You are in charge of developing a single sampling plan for

You are in charge of developing a single sampling plan for a category in your company that is based on the following parameters: The buyer’s risk should be 1.0% and the seller’s risk should be 5.0%. You consider 2.0% an ...

Mtcr is a leading company in the development and

MTCR is a leading company in the development and manufacturing of a broad range of custom hardware solutions. The company prides itself and is well known for being refreshingly honest and straightforward in its dealings ...

1 in this assignment you are required to write about the

1. In this assignment, you are required to write about the strategic advantages and disadvantages of different entry modes. Choose 2 modes of entry, and compare them. First, explain the theoretical background of both ent ...

Company informationmermed inc is a medical device

Company Information: MERMED Inc. is a medical device manufacturer. The company’s headquarters is located in Houston, Texas. It is a global leader in developing, manufacturing, selling and servicing diagnostic imaging and ...

New wave music is an international company that develops

New Wave Music is an international company that develops music software that is used to compose music, play recordings in clubs, and produce albums. Founder and CEO Moritz Halbach is the company’s biggest fan. He said “I ...

A producer of industrial climate control modules has

A producer of industrial climate control modules has recently changed to cellular manufacturing. The production facility operates 250 days per year and has annual demand of 9,500 units They can produce up to 80 modules e ...

1 the basic obligation of a seller of goods to transfer and

1. The basic obligation of a seller of goods to transfer and deliver goods to the buyer in accordance with the terms of the contract is known as: a. performance of delivery. b. anticipatory tender. c. delivery as agreed. ...

Promptyour main post should include the vision your summary

Prompt: Your main post should include the vision, your summary data, the productivity findings, and the customer service standards you wish to achieve. This paper should be cohesive and thorough for maximum points. Our v ...

1 describe the federal appellate system how does one get a

1. Describe the Federal Appellate system. How does one get a case before the Appellate judiciary? How influential are the appellate courts amongst one another? Explain. 2. In 200 words or more, Draft a communications pla ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As