Tullock paradox

Target entity: Tullock paradox
Context triple: [Gordon Tullock, knownFor, Tullock paradox]

• A. Gibbard–Satterthwaite theorem
  The Gibbard–Satterthwaite theorem is a fundamental result in social choice theory showing that every reasonable voting system with at least three options is susceptible to strategic manipulation by voters.
• B. Sen’s liberal paradox
  Sen’s liberal paradox is a result in social choice theory showing that even minimal individual rights can be incompatible with always achieving Pareto-efficient collective decisions.
• C. Arrow’s impossibility theorem
  Arrow’s impossibility theorem is a foundational result in social choice theory showing that no voting system can convert individual preferences into a collective ranking while simultaneously satisfying a set of seemingly reasonable fairness criteria.
• D. Condorcet jury theorem
  The Condorcet jury theorem is a result in probability theory and social choice stating that, under certain conditions, the likelihood that a majority vote yields the correct decision increases as the size of the voting group grows.
• E. Law of the Maximum
  The Law of the Maximum was a French Revolutionary price-control measure that fixed maximum prices on essential goods to curb inflation and protect the urban poor.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Target entity: Tullock paradox
Target entity description: The Tullock paradox is an economic puzzle highlighting why real-world spending on rent-seeking and political lobbying is often far lower than the huge potential gains at stake would predict.

• A. Gibbard–Satterthwaite theorem
  The Gibbard–Satterthwaite theorem is a fundamental result in social choice theory showing that every reasonable voting system with at least three options is susceptible to strategic manipulation by voters.
• B. Sen’s liberal paradox
  Sen’s liberal paradox is a result in social choice theory showing that even minimal individual rights can be incompatible with always achieving Pareto-efficient collective decisions.
• C. Arrow’s impossibility theorem
  Arrow’s impossibility theorem is a foundational result in social choice theory showing that no voting system can convert individual preferences into a collective ranking while simultaneously satisfying a set of seemingly reasonable fairness criteria.
• D. Condorcet jury theorem
  The Condorcet jury theorem is a result in probability theory and social choice stating that, under certain conditions, the likelihood that a majority vote yields the correct decision increases as the size of the voting group grows.
• E. Law of the Maximum
  The Law of the Maximum was a French Revolutionary price-control measure that fixed maximum prices on essential goods to curb inflation and protect the urban poor.
• F. None of above. chosen