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Asymmetric Single-peaked Preferences

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journal contribution
posted on 2019-10-02, 14:44 authored by Francisco Martínez-Mora, M. Socorro Puy
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.

Funding

The authors thank Subir Bose, Luis Corchon, Gianni De Fraja, Juanjo Dolado, Mark Fey, Sidartha ´ Gordon, Michel Le Breton, Roberto Leon, Miltos Makris, Jordi Mass ´ o, Antonio Nicol ´ o, Clara ´ Ponsati, Ludovic Renou, Luigi Siciliani, Al Slivinsky and, especially, John Duggan for their helpful comments. Financial assistance from Ministerio de Ciencia e Innovacion under the project ´ ECO2011- 29355 and by the Junta de Andaluc´ıa under the project SEJ 5980 is gratefully acknowledged.

History

Citation

The B.E. Journal of Theoretical Economics, 2012, 12(1) (Topics), Article 31

Author affiliation

/Organisation/COLLEGE OF SOCIAL SCIENCES, ARTS AND HUMANITIES/Department of Economics

Version

  • VoR (Version of Record)

Published in

The B.E. Journal of Theoretical Economics

Publisher

De Gruyter

issn

1935-1704

Copyright date

2012

Available date

2019-10-02

Publisher version

https://www.degruyter.com/view/j/bejte.2012.12.issue-1/1935-1704.1941/1935-1704.1941.xml

Language

en