--- Grey Thomas <[EMAIL PROTECTED]> wrote: "But I wonder if there are any small homeowner associations, or service clubs, or any group, who actually have used this method for allocating the group budget?...I have this strong feeling the answer is no,...not even any group of economists [do that]...."
Why wouldn't economists adopt a theoretically superior method? In regards to voting procedure, I've read about physics organizations who, after learning about the deficiencies of majority voting, adopt other voting schemes like approval voting. Why wouldn't economists act similarly? Possible reason: Physics is an experiment oriented persuit, whereas economics is theory oriented? Curiously your, jsh ===== "...for no one admits that he incurs an obligation to another merely because that other has done him no wrong." -Machiavelli, Discourses on Livy, Discourse 16. __________________________________________________ Do You Yahoo!? Yahoo! Finance - Get real-time stock quotes http://finance.yahoo.com