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Axioms for Euclidean preferences with a valence dimension

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  • Azrieli, Yaron

Abstract

Recent works on political competition incorporate a valence dimension to the standard spatial model. The goal of this paper is to axiomatize rankings of candidates by voters that are consistent with Euclidean preferences on the policy space and an additive valence dimension. Specifically, we consider the case where only the ideal point in the policy space and the ranking over candidates are known for each voter. We characterize the case where there are policies x1,…,xm for m candidates and numbers v1,…,vm representing valence scores, such that a voter with an ideal policy y ranks the candidates according to vi−‖xi−y‖2.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Mathematical Economics.

Volume (Year): 47 (2011)
Issue (Month): 4-5 ()
Pages: 545-553

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Handle: RePEc:eee:mateco:v:47:y:2011:i:4:p:545-553

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Web page: http://www.elsevier.com/locate/jmateco

Related research

Keywords: Elections; Spatial models; Valence; Euclidean preferences;

References

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  1. Stefan Krasa & Mattias Polborn, 2009. "Political Competition between Differentiated Candidates," CESifo Working Paper Series 2560, CESifo Group Munich.
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  13. Dix, Manfred & Santore, Rudy, 2002. "Candidate ability and platform choice," Economics Letters, Elsevier, vol. 76(2), pages 189-194, July.
  14. Gersbach, Hans, 1998. "Communication skills and competition for donors," European Journal of Political Economy, Elsevier, vol. 14(1), pages 3-18, February.
  15. Smith, John H, 1973. "Aggregation of Preferences with Variable Electorate," Econometrica, Econometric Society, vol. 41(6), pages 1027-41, November.
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  18. Arianna Degan, 2007. "Candidate Valence: Evidence From Consecutive Presidential Elections," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 48(2), pages 457-482, 05.
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