Asymmetric single-peaked preferences

Date

2012

Authors

Director

Publisher

Walter de Gruyter
Acceso abierto / Sarbide irekia
Artículo / Artikulua
Versión aceptada / Onetsi den bertsioa

Project identifier

Impacto

Abstract

The asymmetry of single-peaked preferences has scarcely been incorporated as an assumption in economic models. We analyze how to deal with asymmetric single-peaked preferences in a tractable way. We define natural types of asymmetries, provide the tools to compare degrees of asymmetry, and propose concrete utility functions that represent different directions and degrees of asymmetry. As an application, we provide a representative voter theorem which establishes the heterogeneity in degrees of asymmetry across agents that is compatible with the median being the representative voter.

Description

Publicado 2012-02-12

Keywords

Single-peakedness, Asymmetries, Utility representation, Single-crossing

Department

Economía / Ekonomia

Faculty/School

Degree

Doctorate program

item.page.cita

Martínez Mora, F., Puy Segura, S. (2012) Asymmetric single-peaked preferences. The B.E. Journal of Theoretical Economics, 12(1), 1. https://doi.org/10.1515/1935-1704.1941.

item.page.rights

© 2012 Walter de Gruyter GmbH & Co. KG, Berlin/Boston

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