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Spherical preferences

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  • Chambers, Christopher P.
  • Echenique, Federico

Abstract

We introduce and study the property of orthogonal independence, a restricted additivity axiom applying when alternatives are orthogonal. The axiom requires that the preference for one marginal change over another should be maintained after each marginal change has been shifted in a direction that is orthogonal to both.

Suggested Citation

  • Chambers, Christopher P. & Echenique, Federico, 2020. "Spherical preferences," Journal of Economic Theory, Elsevier, vol. 189(C).
    • Handle: RePEc:eee:jetheo:v:189:y:2020:i:c:s0022053120300818
    DOI: 10.1016/j.jet.2020.105086
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    References listed on IDEAS

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    1. Marc Henry & Ismael Mourifié, 2013. "Euclidean Revealed Preferences: Testing The Spatial Voting Model," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 28(4), pages 650-666, June.
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    Cited by:

    1. Xiaosheng Mu & Luciano Pomatto & Philipp Strack & Omer Tamuz, 2021. "Monotone Additive Statistics," Working Papers 2021-36, Princeton University. Economics Department..

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    More about this item

    Keywords

    Spherical; Additivity; Euclidean; Orthogonal; Independence;
    All these keywords.

    JEL classification:

    • D00 - Microeconomics - - General - - - General

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