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# PUBLIC AFFAIRS CASE STUDY 1 HOUR MAX 250 WORDS PLEASE EXPLAIN YOUR ANSWER use theories THANK YOU Case study: Consider the problem of dividing \$100 among three people. Suppose two of them agree to

PUBLIC AFFAIRS CASE STUDY 1 HOURMAX 250 WORDS PLEASE EXPLAIN YOUR ANSWER use theories     THANK YOUCase study:Consider the problem of dividing \$100 among three people. Suppose two of them agree to split that sum, with \$60 going to one and \$40 to the other. The third person, who receives nothing, has an incentive to strike a bargain with the second, offering a split of, say, \$50 each, which makes them both better off than under the initial proposal. Faced with desertion, the first person can destabilize the new coalition by offering to accept \$45, leaving \$55 for one of the others. And so on. The game has three possible (and equally likely) outcomes in which two of the three players accept payments of \$50 each, but the third player can always upset the equilibrium by cutting another deal. The same endless series of changing winning coalitions or vote cycles can emerge in elections involving three or more candidates or ballot issues when no one of them is strongly preferred by a simple majority of the voters.Question: It has been recognized at least since the time of the Marquis de Condorcet (1785) that voting among three or more candidates or alternatives may fail to select the majoritys most preferred outcome or may be prone to vote cycles producing no clear winner.  Which behavioral science theory is relevant to this case and how might solutions be implemented in this case?

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