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The game of billiards is played on a rectangular table (known as a billiard table) upon which balls are placed. One ball (the "cue ball") is then struck with the end of a ...
Arrow's paradox, also called Arrow's impossibility theorem or the general possibility theorem, states that perfect democratic voting is impossible, not just in practice but ...
A term in social choice theory meaning each alternative receives equal weight for a single vote.
Let Jones and Smith be the only two contestants in an election that will end in a deadlock when all votes for Jones (J) and Smith (S) are counted. What is the expectation ...
An agreement in which all parties feel as if they have received the best deal.
Simple majority vote is the only procedure which is anonymous, dual, and monotonic.
A strategy for the iterated prisoner's dilemma in which a prisoner cooperates on the first move, and thereafter copies the previous move of the other prisoner. Any better ...
An auction in which the highest bidder wins but pays only the second-highest bid. This variation over the normal bidding procedure is supposed to encourage bidders to bid the ...
A type of point at infinity in which parallel lines in the hyperbolic plane intersect at infinity in one direction, while diverging from one another in the other.
(Deltau)_i^2=(u_i-u^_)^2, where u^_ is the average of {u_i}.
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