16 January 2019 L. Alan Winters CB, Professor of Economics and Director of the UK Trade Policy Observatory This note supplements an article on ‘Organising a three-way referendum’ published on The Economist website (16th January 2019). It offers a worked example to show how the three main approaches to three-way ballots operate and some of the challenges they throw up. It reinforces Ken Arrow’s result that there is no ideal way of combining individual preferences to select one of three options. […]