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This tag is associated with 2 posts

Conditions for a fair democratic voting system

Speaking of democracy, now I speak of Arrow’s theorem. Suppose we want a democratic system that meets the following conditions: There will not be a dictator: a single person will not decide for everyone. We can order all the preferences of voters. The overall preference of the total of voters is supported, indeed, by people … Continue reading

The huger the mob, and the greater the apparent anarchy, the more perfect is its sway

Here is a quote from Francis Galton, a father of the applied statistics in society: I know of scarcely anything so apt to impress the imagination as the wonderful form of cosmic order expressed by the “Law of Frequency of Error”. The law would have been personified by the Greeks and deified, if they had … Continue reading