Condorcet's paradox

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. This is paradoxical, because it means that majority wishes can be in conflict with each other. When this occurs, it is because the conflicting majorities are each made up of different groups of individuals.
For example, suppose we have three candidates, A, B, and C, and that there are three voters with preferences as follows (candidates being listed in decreasing order of preference):

Voter	First preference	Second preference	Third preference
Voter 1	A	B	C
Voter 2	B	C	A
Voter 3	C	A	B