"Voting for a third party accomplishes one thing. It takes votes away from one of the other major-party candidates. Given that the status quo favors the Republican candidate – think the Electoral College – voting for a third party is probably going to take votes away from Joe Biden. Whatever you think of him, he’s better than the alternative. (The alternative, by the way, likes making jokes about being a dictator.)
Actually, it accomplishes another thing. It enriches presidential candidates for third parties that do not work in cooperation with one of the major parties. (It’s called “fusion voting.”) For instance, the Green Party — these people know they can’t win. They know the status quo prevents them from winning. They don’t say that, though. In the space between what they know and what their supporters don’t know is a scam. In the absence of systemic change, third parties that don’t cooperate with one of the major parties are inherently exploitative."
Yes, yes it would.
The way ranked choice works is that everyone’s first rank is tabulated.
If a candidate gets the majority vote in the first choices they win outright.
If not, the candidates with the fewest first choice is eliminated, and those that voted for them, they move on to their second choice picks.
Votes are now recounted. If no one still has a clear majority, the person with the lowest votes is again eliminated, with their voter’s votes going to the next rank in choosing.
You go through that until someone gets a majority.
Other similar systems include STAR voting, Score Voting, and Approval Voting.