I seem to be really confused with the counting system in Arrow's theorem. Can I have a simple explanation how they determine the outcome? I can't determine the outcome using rules from my notes. It says the roles are 1) If all vote the same that would be the outcome. 2) the ranking of A over B doesn't depend on other candidates and it depends how they are ranked compared to each other. But then what if 1/2 of the votes put A over B and the other half B over A?
What is the algorithm that gives you the out come?
By way of example: Suppose that we have three candidates A B C and two voters. So we get two votes ABC and BAC what's the outcome?
Arrow's impossibility theorem is not about any particular way to determine the outcome. The theorem says that no matter which fixed rule you select for transforming voters' preference orderings into a result, at least one of the following strange results can happen:
(with a few additional technical assumptions omitted).