Voters who do not have single-peaked preferences _____
a. prefer outcomes closer to their most preferred outcome to outcomes further away
b. do not necessarily prefer outcomes closer to their most preferred outcome to outcomes farther away
c. prefer all outcomes the same
d. are unable to weigh one outcome against another outcome, regardless of where the outcome is along a one-dimensional continuum
b
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When costs are uncertain, a government might use a _____ contract, where the government pays the cost of the project plus an additional amount
a. fixed fee b. cost plus fixed fee c. cost plus percentage fee d. cost plus incentive fee
In the simultaneous move labor negotiation game:
a. The payoffs from bargaining hard are only higher if your opponent accommodates b. The payoffs from bargaining hard are only higher if your opponent bargains hard c. The payoffs are always higher if you bargain hard d. The payoffs are always higher if your opponent bargains hard