Condorcet method
Condorcet is partly an electoral system, and partly a way of
thinking about preference electoral systems that elect one candidate.
The Condorcet winner is the candidate who, when compared in turn
with each of the other candidates, is preferred to them. It is not
guaranteed that there will be any candidate to whom this applies, so
any Condorcet electoral system must have a way of resolving such
results.
Voting
Each voter ranks all candidates in order of preference.
Counting The Votes
For each pair of candidates, it is determined how many voters
preferred each candidate by counting whether they were higher-ranked
on the ballot. If any candidate is preferred to all other candidates,
they are declared the winner.
Resolving Disputes
If there is no initial winner, the winner must be determined some
other way. One way is to define the 'top cycle' to mean that
candidates are said to be in the 'top cycle' if each of them will beat
all candidates outside the top cycle in pairwise competition but not
all the candidates inside the top cycle.
Then the winner can be chosen by having an
Alternate Vote (AV) election between the top cycle
candidates. Or, Another way would be to choose the candidate in the
top cycle who, in the pairwise contest that they do worst in, they
lose by the least amount.
An example
In an election, there are 3 'top cycle' candidatess. Considering only
preferences between these candidates,
41 voters voted X 1st, Y 2nd, Z 3rd
33 voters voted Y 1st, Z 2nd, X 3rd
22 voters voted Z 1st, X 2nd, Y 3rd
In pairwise comparisons:
X: against Y = 41+22-33 = +40 (ie X won by 40 votes)
against Z = 41-33-22 = -14 (ie X lost by 14 votes)
Y: against X = -40
against Z = 52
Z: against X = 14
against Y = -52
So X wins, because his worst result (-14) is less bad than Y's
or Z's worst results (-40 and -52 respectively).
The choice of a winner from any candidate within the top cycle is
to some extent arbitrary, in the sense that there are good reasons
for picking any of them.
Condorcet compared to AV:
There are good reasons to regard the Condorcet criterion, when
fulfilled, as the best test of who should win: so if there is a
Condorcet winner, then a system for selecting one winner ought to win
it. On this view, AV is not as good as the Condorcet scheme, because
there are circumstances in which it will fail to pick the Condorcet
winner.