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You collect your benefits. Simple -- until it's not. The reality is that plenty of things about the popular federal program are more complicated. Here are three lesser-known Social Security rules ...
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Instant-runoff voting (IRV), also known as ranked-choice voting or the alternative vote (AV), combines ranked voting (in which voters rank candidates rather than choosing only a single preferred candidate) together with a system for choosing winners from these rankings by repeatedly eliminating the candidate with the fewest first-place votes and reassigning their votes until only one candidate ...
Intertemporal choice is the study of the relative value people assign to two or more payoffs at different points in time. This relationship is usually simplified to today and some future date. Intertemporal choice was introduced by John Rae in 1834 in the "Sociological Theory of Capital". Later, Eugen von Böhm-Bawerk in 1889 and Irving Fisher ...
Ranked-choice voting ( RCV) can refer to one of several ranked voting methods used in some cities and states in the United States. The term is not strictly defined, but most often refers to instant-runoff voting (IRV) or single transferable vote (STV). RCV is used for state primary, congressional, and presidential elections in Maine; and for ...
From the investor's point of view, their investment of $200,000 would be regained at the end of the ten years (entailing zero gain or loss), but they would have also gained from the coupon payments; the $10,000 per year for ten years would amount to a net gain of $100,000 to the investor. This is the amount that compensates the investor for ...
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