|Type of Decision:||Conflicting "Objectives"|
|Multiple Objectives||My car should have a low price |
It should also be roomy & luxurious
|Stakeholder experiences ALL the consequences
of the selected alternative
|Risky Decisions||Do well in rain; |
Do well in shine
|Stakeholder experiences only the consequence
of the selected alternative that apply under the actual state if nature
|Games||Do well if opponent attacks on left |
Do well if opponent attacks on right
|Each contestant experiences only the consequences
jointly determined by both contestants' chosen alternative
|Social Choice||Satisfy you |
|Each stakeholder experiences toe consequences
to them of the alternative chosen by the group.
|Zero Sum Games
Stone paper Scissors
Tragedy of the Commons
Paradoxes of Voting
|Median Voter Theorem||I often think it's comical--Fal, lal, la!
How Nature always does contrive--Fal, lal, la!
That every boy and every gal
That's born into the world alive
Is either a little Liberal
Or else a little Conservative!-- Fal, lal, la!
--Iolanthe, Act II Scene 1, by Gilbert & Sullivan