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The Fallacy of Borda Count Method -- Why it is Useless with Group Intelligence and Shouldn't be Used with Big Data including Banking Customer Services

Published 16 Dec 2023 in econ.GN and q-fin.EC | (2312.10405v1)

Abstract: Borda Count Method is an important theory in the field of voting theory. The basic idea and implementation methodology behind the approach is simple and straight forward. Borda Count Method has been used in sports award evaluations and many other scenarios, and therefore is an important aspect of our society. An often ignored ground truth is that online cultural rating platforms such as Douban.com and Goodreads.com often adopt integer rating values for large scale public audience, and therefore leading to Poisson/Pareto behavior. In this paper, we rely on the theory developed by Wang from 2021 to 2023 to demonstrate that online cultural rating platform rating data often evolve into Poisson/Pareto behavior, and individualistic voting preferences are predictable without any data input, so Borda Count Method (or, Range Voting Method) has intrinsic fallacy and should not be used as a voting theory method.

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