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Valence characteristics, costly policy and the median-crossing property: A diagrammatic exposition

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  • Donald Wittman

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Abstract

Voters value valence characteristics such as honesty and competence. In this paper, we consider the situation where candidates may have more than one valence characteristic of importance to the voters. At the same time we introduce a new concept “the median-crossing property" which differs from single-peakedness and is less restrictive than the single-crossing property. If indifference curves satisfy the median-crossing property, then voting is transitive and the majority's preference rankings coincide with those of the median voter; if the indifference curves violate the median-crossing property, then intransitivity may arise. The framework also allows us to consider elections with costly policy. Copyright Springer Science + Business Media, Inc. 2005

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File URL: http://hdl.handle.net/10.1007/s11127-005-2053-3
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Bibliographic Info

Article provided by Springer in its journal Public Choice.

Volume (Year): 124 (2005)
Issue (Month): 3 (September)
Pages: 365-382

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Handle: RePEc:kap:pubcho:v:124:y:2005:i:3:p:365-382

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Web page: http://www.springerlink.com/link.asp?id=100332

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  1. Amihai Glazer & Bernard Grofman, 1988. "Limitations of the spatial model," Public Choice, Springer, vol. 58(2), pages 161-167, August.
  2. Milyo, Jeffrey, 2000. " Logical Deficiencies in Spatial Models: A Constructive Critique," Public Choice, Springer, vol. 105(3-4), pages 273-89, December.
  3. Coughlin, Peter J. & Hinich, Melvin J., 1984. "Necessary and sufficient conditions for single-peakedness in public economic models," Journal of Public Economics, Elsevier, vol. 25(1-2), pages 161-179, November.
  4. Gans, Joshua S. & Smart, Michael, 1996. "Majority voting with single-crossing preferences," Journal of Public Economics, Elsevier, vol. 59(2), pages 219-237, February.
  5. Wittman, Donald, 2005. "Candidate Quality, Pressure Group Endorsements, And The Nature Of Political Advertising," Santa Cruz Department of Economics, Working Paper Series qt2tw043ff, Department of Economics, UC Santa Cruz.
  6. Prat, Andrea, 1999. "Campaign Advertising and Voter Welfare," CEPR Discussion Papers 2152, C.E.P.R. Discussion Papers.
  7. Rothstein, Paul, 1991. " Representative Voter Theorems," Public Choice, Springer, vol. 72(2-3), pages 193-212, December.
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Cited by:
  1. Wittman, Donald, 2005. "Candidate Quality, Pressure Group Endorsements, And The Nature Of Political Advertising," Santa Cruz Department of Economics, Working Paper Series qt2tw043ff, Department of Economics, UC Santa Cruz.

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