The Art of Strategy: A Game Theorist's Guide to Success in Business and Life
This expository book shows how mathematics can help to identify and characterize a disturbingly large number of paradoxical situations that result from the choice of a voting procedure. Moreover, rather than being able to dismiss them as anomalies, the likelihood of a dubious election result is surprisingly large. These consequences indicate that election outcomes--whether for president, the site of the next Olympics, the chair of a university department, or a prize winner--can differ from what the voters really wanted. They show that by using an inadequate voting procedure, we can, inadvertently, choose badly. To add to the difficulties, it turns out that the mathematical structures of voting admit several strategic opportunities, which are described.
Finally, mathematics also helps identify positive results: By using mathematical symmetries, we can identify what the phrase "what the voters really want" might mean and obtain a unique voting method that satisfies these conditions.
Saari's book should be required reading for anyone who wants to understand not only what happened in the presidential election of 2000, but also how we can avoid similar problems from appearing anytime any group is making a choice using a voting procedure. Reading this book requires little more than high school mathematics and an interest in how the apparently simple situation of voting can lead to surprising paradoxes.
Country | USA |
Brand | Brand: American Mathematical Society |
Manufacturer | American Mathematical Society |
Binding | Paperback |
ItemPartNumber | A-109-259 |
UnitCount | 1 |
EANs | 9780821828472 |
ReleaseDate | 0000-00-00 |