Ranked-Choice Voting: It Could Take Weeks to Determine NYC Mayor Race Winner

Bloomberg Quicktake: Now published this video item, entitled “Ranked-Choice Voting: It Could Take Weeks to Determine NYC Mayor Race Winner” – below is their description.

The vast majority of federal and state elections in the U.S. are guided by plurality rule: Each voter selects one candidate, and the person with the most votes wins.

Critics say this system, while simple to grasp, means voters can’t fully express their views on a multicandidate field.

An alternative way to vote has drawn interest in U.S. municipalities, and Maine last year became the first U.S. state to use it in a presidential general election. This year, for its mayoral election, New York City gives ranked-choice voting a try.

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Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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