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the fact that under some circumstances there may be no determinate outcome with majority voting: choice A wins a majority over B, B wins over C ...
http://www.wwnorton.com/stiglitzwalsh/economics/glossary.htm
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Also known as the cyclical majority problem, this is a problem of voting in legislatures when there are three or more groups of relatively equal size. When motions are framed dichotomously (eg, as yes or no) there will always be a majority winner on any roll-call, barring ties. ...
http://www.politicalscience.utoledo.edu/faculty/lindeen/glos3260.htm
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The voting paradox (also known as Condorcet's paradox or the paradox of voting) is a situation noted by the Marquis de Condorcet in the late 18th century, in which collective preferences can be cyclic (i.e. not transitive), even if the preferences of individual voters are not. ...
http://en.wikipedia.org/wiki/Voting paradox
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